KOR 0.00% 0.8¢ korab resources limited

Ann: Trading Halt, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,333 Posts.
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    I am totally confused. We get an after hours ( yesterday) announcement advising of a Trading Halt pending a capital raise. The halt comes to an end on or before Jan 31 when the announcement of the raise is released. But this morning, I note 50,000 shares were traded on Chi-X platform. There has been no announcement regarding the CR detail so as far as I knew we were still in a Trading Halt. So how was this trade executed? Then we have the announcement earlier today that the Rights issue is not going ahead, okay, I get that, but we should still be in a TH until the details of the CR are announced. Then a short while ago its announced we are going into a Trading Halt.!!! But we are already in one until the CR details are announced sometime prior to Jan 31 . What the heck is going on. Is nothing straightforward with this company.... progressing this, progressing that, 4 extensions to a Rights issue which is then discontinued ( is this a record for extensions on the ASX)?? , then we have this bizarre circumstance when we are in a TH but a trade occurred on Chi-X but in any case a new TH is called while we are in a TH. WTF !!
 
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