BLV 0.00% 1.6¢ blossomvale holdings ltd

Ann: Trading Halt , page-10

  1. 1,710 Posts.
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    Trading halts normally occur for capital raisings, or takeover offers. I don't think its a capital raising as they have no need to raise capital. Perhaps with the share price languishing at such low levels, they feel they can offer better value to shareholders by a takeover from a larger with say a 35 to 50% premium?
 
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Currently unlisted public company.

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