Acees, likewise I don't have much investment experience but I've just had this happen this morning on another ASX co I'm holding (PSH) - 2 day trading halt and in that letter it was mentioned it was as further shares were going to be placed.
You would think if the fund raising had been planned the details would be all lined up and ready to announce, and that a halt wouldn't be needed?
Guess it's just a case of wait and see...
CNM
carnegie corporation limited
