VRX 7.41% 2.9¢ vrx silica limited

It's not typical to halt trading on the closing date of a...

  1. 1,248 Posts.
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    It's not typical to halt trading on the closing date of a capital raise.

    The only positive reason would be massive oversubscription. I find that unlikely.

    Negative scenarios include Shortfall reaching target, underwriter or major investor needs the offering to be adjusted.

    With regret, but not surprise, I suspect this is about to go South. Such a shame as we are right at the finish line and Bruce just couldn't get it done.
 
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