OK - so we know that the trading halt relates to the company's financing arrangements.
Possibilities include:
1) Announcement that the existing debt facilities contain an undisclosed market cap covenant that has now been breached. I have no idea whether this is a possibility, does anyone know???
2) Announcement that the bond issue has been finalised.
3) Announcement that the bond issue has been withdrawn.
4) Announcement that a smaller bond issue has been finalised, in conjunction with an underwritten equity raising.
5) Announcement of an equity raising.
all intelligence very very welcome.
DML Price at posting:
34.0¢ Sentiment: None Disclosure: Held