trading halt, page-7

No point guessing why, only narrowing the field a bit.

Half of the Halts are due to fund raising of some kind. In UXA's case they have sufficient cash for drilling operations and a conversion of options on 31/3/2008.
So that makes it unlikely. A 200-1 bet.

Some Halts are due to waiting for final confirmation of a big Joint Venture, big for UXA that is, though this is not that likely. A 10-1 bet.

A larger company wanting to take a stake in UXA that is not quite rubber stamped. Requiring a substantial issue of shares. Not very likely. An 8-1 bet.

UXA to make a reverse takeover bid for a private mining company. That company adding further tenements and adding to the prestige of UXA. A possibility with upbeat Directors like UXA's. A 4-1 bet.

Some holders who set-up the company may wish to get out with some cash. A takeover by a medium/large sized ASX company, that would not need their shares to be put into trading halt, and willing to make a bid at 35 cents a share equivalent (the last placing price and shareholder offer). A bigger possibility this and my favourite. A 6-4 bet.

A possible find and information not quite finalized yet. Big possibility of a leak of information. Strange how trading in ASX nearly seized up completely. Not that bad a possibility. A 3-1 bet.