"With respect to the earlier trading halt request lodged by Indochine Mining Limited (ASX & POMSoX:
IDC) the Company advises that the trading halt in the Company’s traded securities requested under Listing Rule 17.1 is in relation to a pending material announcement to the market concerning the appointment of an advisor to the Company and possible board changes and not a capital raising as previously advised. The Company expects to make the announcement before trading commences onTuesday, 25 November 2014 to end the trading halt. The Company is not aware of any reason why the trading halt should not be granted"
Do they know what day it is? How can they make this kind of mistake? Probably there are two anns - the first is the "correction", i.e. advisor/possible board changes (hopefully a high profile name to give the sp a bit of a spurt up) then followed quickly by the second ann, i.e. "capital raise". Probably someone got the two out of release sequence.
This is indeed amateur hour![]()
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