RGI 0.00% 22.0¢ roto-gro international limited

Ann: Trading Halt, page-22

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  1. 11,241 Posts.
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    The details, including dates, of the options noted in the 2A notice corresponds to the placement announcement made on 24/11/2020.

    Looks to me that the query relates more to the purpose of the raising judging on the wording of the 2A and the trading halt request.

    I had noted that About the company section at the end of the announcement yesterday regarding the placement has reverted back to the pre-December 2020 wording where CanniFarms and Freshero are specifically mentioned. From December until yesterday the references to CanniFarms and Freshero had been replaced with very generic wording. I have mused that this perhaps signifies that the issue of the production/cultivation licence could be imminent but in light of this raising being promoted as advancing their vertical farming division perhaps Freshero are finally ready to sign a final, binding deal?

    Most likely though, is that I am clutching at straws and reading too much into this. Guess we will find out tomorrow or Monday, I am hoping for tomorrow as my leave is due to end so I will be back at work Monday and not able to follow the market.
 
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