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will it be trading in here today?
Yes, Trading will continue in AIM (UK)
Why say that? trading is suspended!!
Most likely unless they release an rns as well requesting suspension. Different rules apply in oz. same happened with 88e and with another share before it was renamed bos . Can’t remember what it was called. Suspension in oz but not in the U.K.
no RNS so trading continues
Normally any trading halt/suspension is a 07.30am RNS.
7.30 am is when we will get official rns stating suspended.
Fact is no one knows if this is good or bad. No big buys, no big sells, static price over the last few days, so it appears no real leak of anything 50\50 imo knowing oilers at the minute Fingers crossed for good news
Suspended until Tuesday according to 88E board. Why Tuesday? Surely if they halt due to results there would be no reason they couldn’t simply state something them continue trading ? No? Or halt Monday I see no point in halting trading unless it’s huge or a disaster
Interestingly Otto Energy are still trading. 5% drop overnight in Oz
If we don’t halt I think you’ll know within 5 minutes of opening if it’s good or bad news imo There will be significant buying or rats of a jumping ship By virtues of the trading halt the cat is out of the bag one way or another imo and we know how things “slip out” on aim
Spike,if its a disaster why Tuesday?
Jndavid, that was my point. It’s all odd IF it is until Tuesday I see no reason they couldn’t issue something there is no need to halt trading imo (unless they have a big issue of which they won’t know the full extent of until next week hence they can’t say). Don’t know tbh. Odd one
Surely cannot be an operational issue if OTTO isnt suspened too.
OTTO are the only producing asset so that maybe why they aren’t suspended given they hold the only producing assets?
Too much speculation going on behind this halt. It means nothing. Outcome could be good or bad. Asx stocks always have these halts when something price sensitive is about to happen. Im invested here so hope we have found lots of oil.
If there is nothing worth bothering with,it can't get any worse,RNS states results.
Results could be great or bad. A result is a result whether good or bad..it’s still results so I will Keep my powder dry I can’t see it’s hydrocarbons as this would be a simple RNS like all oilers do, it’s standard run of the mill stuff. You wouldn’t halt for that imo