Oil and gas explorer Cossack Energy (ASX:COD) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.
COD is preparing details concerning its Polish acquisition, along with a capital raising.
Recently the company signed a Binding Heads of Agreement signed with private company Iskander Energy to acquire their 24% Joint Venture Interest in the Bieszczady Project in Poland.
Last month the company completed an oversubscribed $2.5 million placement.
The halt will remain in place until the opening of trade on Wednesday 9th July 2014, or earlier if an announcement is made to the market.
News: Cossack Energy to update Polish acquisition, raise capital
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $32.49M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $44.50K | 363.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 341116 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 54345 | 3 |
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| Last trade - 16.11pm 11/09/2025 (20 minute delay) ? |
| COD (ASX) Chart |