The board of Ansearch Limited (ASX: ANH) last night resolved to go ahead with a placement of shares in the company, in the amount of approximately 13% of the issued capital. This process will commence this morning. I would like to request a trading halt on Ansearch Limited (ASX: ANH) shares for a 48 hour period pending a further announcement. The company intends to make a further announcement as to the outcome of this action either on Monday afternoon or else prior to trading commencing on Tuesday morning which should result in a request for the trading halt to be lifted. The company is not aware of any reason that the trading halt should not be granted.
shares going cheap, hopefully we get some too.
ANH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held