I wouldn't think it would be cap raising. Most companies will write that in their trading halt requests, plus the just released that after signing the iron ore agreement, they will have another $3m in a month.
There was big buying Friday afternoon, call me suspicious but maybe that was all about people knowing about the iron ore deal coming through. This would be worth many million dollars per annum when production commences.
Trading Friday afternoon could also be relevant to this trading halt... It looks positive
GDN Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held