LNG 0.00% 4.3¢ liquefied natural gas limited

re: in trading halt Hi AP,I think it looks interesting - check...

  1. 66 Posts.
    re: in trading halt Hi AP,

    I think it looks interesting - check point 3 in the trading halt request:
    "...including (but not limited) to the subscribing party, the number of shares to be issued and the issue price."

    To me this means one of two things:
    1) Whoever drafted this letter uses bad grammar
    or
    2) there is only one subscribing party - i.e. one party is taking all of the placement - ~15m shares or the equivalent of $10m worth at todays prices.

    So it could be a new cornerstone shareholder. If that is the case then who it is will be very interesting.

    Coaster
    fixx.co.nz
 
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