Any thoughts on what a " placement to sophisticated and professional investors" means. Our share are about to be devalued?
REQUEST FOR TRADING HALT
Pursuant to Listing Rule 17.1, ABM Resources NL (ASX: ABU) ("Company") requests a trading
halt in its shares from the commencement of trading today, 12 March 2018.
The trading halt is requested pending an announcement to the market in relation to the
outcome of a placement to sophisticated and professional investors.
The Company requests the trading halt to remain in place until the earlier of such time as it
makes the announcement referred to above and the commencement of trading on
Wednesday 14 March 2018.
The Company is not aware of any reason why the trading halt should not be granted or of any
other information necessary to inform the market about the trading halt
Ann: Trading Halt, page-2
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Mkt cap ! $4.236M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $359 | 179.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6251188 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 21628958 | 28 |
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