Typical!!!
I was just entering my first buy order when the trading halt announcement popped up! So now I'm in the que.
"a material capital raising"???
Sounds like they have an institutional investor lined up to take a stake? If they were going to do a share purchase plan they would be unlikely to require a trading halt?
So my gut feeling is that this is likely to be positive news for AZZ?
I have 20,000 sitting in the buy que at limit 31.5c. I'm sure I was the first order entered after the TH. Do you guys know how the system works when you're in this situation?
Thanks,
Whippet
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