Originally posted by bobadah
"... to be announced after market on Friday?"
They will need an extension of the TH to stop it trading on Friday. Extensions can happen but not often.
Originally posted by sharehog
Massive capital raising to sophisticated investors and institutions (and a certain indian Co?) at a massive discount to currently pathetic share price to be announced after market on Friday? So existing shareholders can’t sell into the announcement and get further diluted intonoblivion?
Hope not but that would be par for the course!
I don't believe they think the timing through as much as you do! Besides, as stated in the announcement, trading will resume at the earlier of the COMMENCEMENT of trading Friday (10amESST) or when the announcement is released to the market. Quite simple really.