Not many clues in this announcement. Anyone care to speculate on what this is about?
My first thought is another new CR. They had around 12 mths cash cover from the 30 June report, so by the time this wraps up it could be down to 6 and getting a little close for the board. They may also want more to cover off their investment into the FunHaler or their new marketing initiatives.
Alternatively, it could be something about NICE - or is it too early and if it were out, wouldn't they just say so rather than go into a trading halt. Similarly, it could be about US issues, etc...
Being at the bottom of it's trading range for the past 5 years any CR now ill be fairly dilutive, so...? But, can beggars be choosers?
Anyone have any more (cheerful) thoughts?
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