THB 7.69% 2.4¢ thunderbird resources limited

Ann: Trading Halt , page-10

  1. 1,834 Posts.
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    AVB reason for halt - 'Substancial capital raising"

    VOR reason for halt - 'regarding a significant transaction'

    AVB is quite clear cut on what the halt is for...


    VOR could be anything from..

    Capital raising
    Takeover
    New project Acquisition

    I think takeover is unlikely as we would have seen 'becoming substancial holder' anns all over the place. Although they are low on cash, i dont think it is a cap raising at this stage. Likely and judging by last QTRely is that it will be a new project...

    Only my two cents.
 
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