IIN iinet limited
Add to My Watchlist 0.00% ! $9.52

{"streaming_server":"rtmp:\/\/s2svek4dh1hfyu.cloudfront.net\/cfx\...

  1. FNN News
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    18/11/11
    11:15
    Post #: 9305698
    .


    iiNet Limited (ASX:IIN) has been granted an extension on its trading halt.



    Shares stopped trading on Wednesday, the Perth based internet service provider expecting to make an announcement and be trading again before the market opened this morning. However, the announcement relating to a potential acquisition is yet to be made.



    According to the Australian Financial Review, iiNet is in final negotiations to purchase rival Canberra-based telecommunications provider TransACT.



    In the 2011 financial year iiNet generated a net profit of $33 million.


    IIN Price at posting: $2.36 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Outstanding thick high-grade gold revealed in first Greenewood assays
right-arrow Created with Sketch.
NEWS How to handle a financial crisis and turn setbacks into setups
right-arrow Created with Sketch.
NEWS New targets and high-grade intercepts drive Bullabulling drill expansion
right-arrow Created with Sketch.
AII Why Almonty Industries is THE tungsten mining stock to watch
right-arrow Created with Sketch.
NEWS The 4 sectors poised to benefit from Australia's immigration wave
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.