Its interesting to note that the last two trading...

Its interesting to note that the last two trading halts/suspensions for capital raisings lasted 8 and 9 days from the inititation of the trading halt.The other trading halt was for the IGC Tubatse acquisition of which the annmnt was made the next day after the halt.

Its almost certain that there will be something about a raising but how its structured and at what price is unknown.

Its also a HUGE advantage to have NKP in a suspension with the markets as volatile as they are.

As Macleods Top 40 posts show there is significant short term trading speculation going on with NKP and I have constantly been saying that there appears to be some form of speculative fund/s involved in this.They dont hold for long but they know that there will be buyers as NKP has such promising fundamentals.

The last 30% drop in NKP post the realisation of the initial PIIGS problems shows just how much these speculators are prepared to sell down NKP and is good enough reason imo to keep this in suspension as long as they can appropriate to the coming annmnt.

Some one worked hard to get the sp back up above 60c(which may be related to the raising price)and it would be a damned shame to ee it get whacked back down to below 50c.It may well happen anyway if the proverbial hits the fan with the Euro but it doesnt hurt to keep it suspended whilst all this market rubbish goes on and they are trying to complete a BFS/JV or other corporate deal.

d.