". The trading halt has been requested pending an announcement...

". The trading halt has been requested pending an announcement in relation to a proposed issue of securities and discussions with ASX, and a Company Update;"... What the?

Anyone follo wthis really closely to understand what this may relate to? Where shares being issued in consideration for an asset purchase? All i can find is this.

"The acquisition is for a total of US$7.15 million in shares to be issued at a deemed issue price of A$1.10 each; up to US$1m in performance shares to be issued at a deemed issue price of A$1.10; and a US$250,000 exclusivity option payment payable immediately. Creso intends to seek shareholder approval for the issue of the consideration shares and the issue of the performance shares will be subject to regulatory approval."