"Persuant to ASX Listing Rule 17.1 pieNETWORKS Ltd requests a trading halt on its securities pending an announcement to the market regarding negotiations with Telstra Corporation Limited for the deployment of pieNETWORKS Hotspot Webphone in a market assessment for the Australian market.
The Company anticipates that the trading halt will be lifted on or before 9 June 2010 by provision of an announcement to ASX regarding the proposed transaction."
Sounds good to me! If there was an extension being granted we wouldn't be going into a TH, this is it! Sentiment Buy, although it isn't possible now :P
Ann: Trading Halt , page-3
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