BIG 0.00% $2.22 burrendong minerals limited

Ann: Trading Halt , page-22

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  1. 127 Posts.
    lightbulb Created with Sketch. 5
    Yep true cb25, we shall know tomorrow.

    I just think RAU would not have issued a trading halt if it was just the Pro-rata Rights Issue of new options to shareholders they announced in Nov last year.

    I think this one will be significant as they want to send a message that they are serious about developing FNQ as announced a week ago.

    So I believe it will be aggressive as they will probably announce some financial backer from china. The free options to act as a carrot and give a chance from those who bought at much higher levels to buy shares at a discounted price.
 
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