Hi Folks,My call on this one.Tuesday - sale of an assetTuesday -...

Hi Folks,

My call on this one.

Tuesday - sale of an asset
Tuesday - another announcement, this time extending the trading halt pending a capital raising.

The capital raising could be as low as 2c, an approximate %50 discount to the current trading price.

I hope I'm wrong but hey they've followed a similar pattern of locking in shareholders in the recent past with a trading halt unrelated to a capital raising and before trading recommences they put out a capital raising related announcement. This has happened in the context of a concerning quarterly be published that would generally precipitate the sp descending sharply.

As I say hope I'm wrong.

Sentiment - Hold (no choice)

Alt Out!