My guess is that it is a loan agreement or a possible asset sell down .
As its assets are now almost all in JV with VEN a sell down to them would seem to be the most likely buyer but as they are not in a trading halt that probably rules that out ??
Maybe a sell down to the unlisted JV partner ??
May be something completely different but it must be material if they are in a trading halt .
Ann: Trading Halt, page-9
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $754 | 188.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12765502 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14719341 | 13 |
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| Last trade - 12.37pm 30/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |