BLV 0.00% 1.6¢ blossomvale holdings ltd

Ann: Trading Halt , page-7

  1. 13,097 Posts.
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    The fact that it may be in a halt till as late as Thursday makes you think it involves negotiations/finalisations of some sort that the company felt required a halt to prevent insider trading.

    This probably means a contract of some sort.

    The alternative is a rights issue and they are finalising the details with the underwriter. Personally, I'd rather it not be this scenario, although it could be preferrable to increasing their loan book, as i think the market is still too fragile to tolerate increased debt.
 
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