ALR 0.00% 0.3¢ altair minerals limited

Ann: Trading Halt, page-17

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  1. 6,307 Posts.
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    Two consecutive trading halts is the norm now for most capital raisings, so don't read into it too much. The ASX has relaxed the rules to allow back to backs ( I think may be related to financing delays due covid). The other point is that again it now seems the norm that CRs are done immediately before a drilling campaign starts, Call it prudence , or whatever, but thats the way it is with most explorers nowadays. Doubt that a cornerstone investor will be announced otherwise the CR wouold be done and dusted, then announced, not the other way around. Everybody please keep your feet on the ground
 
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