Just wondering if anybody can tell me why companies with good news choose to post this after the hours of trading have stopped .
There seems to be alot of good news coming after the market closes .
Q. Does the ASX have a set amount of time that they post this news after receiving it . IE for verification . Or is it done for some sort of timing in the market so it all doesn't happen at once ?
Q . Why then, if you have good news, do you now then break it at the start of the day and recieve a potential good days trading ?
Q. How much study into the results do the ASX do or is it an honesty thing at the time . I'm thinking along the lines of the recent AUM saga ?
I'm sorry , but it just is something that really niggles me