BLT 0.00% 2.6¢ benitec biopharma limited

Hi simplejamThis will be interesting. The trading halt relates...

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    Hi simplejam

    This will be interesting. The trading halt relates to two aspects - a capital raising and changes to it's capital funding arrangement. What will be critical will be the actual finer details. I'd suspect that the capital raising will be same old same old, yet the second piece relating to changes to the capital funding arrangement could be a real positive. Time will tell, but the stock did have a couple of positve days leading up to this trading halt and the price rose on the 04, 05 and 06 peaking at .034 before closing marjinally lower but still up from previous lows. This may be an indication of some investors getting a sniff of positive news on the horizon. One piece of very good news all that aside is that the downward trend and manipulation of the share price appears to be a thing of the past - thank goodness.
 
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