Ann: Trading Halt, page-15

I agree what the management team have done here.
1.3million raised for Foothill and for workover.

In this case they have gone to the insto which i would have done as well, they need the cash now to go shopping and do acquisitions.

There is no point mucking around with mum and dad investors to raise the cash, computer share, payments, bpay and cheques and the time frame involved, complains and the cut off periods, blah blah blah

I prefer this method over and done with and at a premium, this should set a price floor as they have been taken up in full within 24 hours.. love it

Foothill probably days away, might top up at open..

GLTAH
DYOR