"I think the chances of this Trading Halt being tagged to a capital raising is exteremely remote. "
Did you read the announcement?
Red October state:
"pending an annoucement regarding a potential capital raising and acquisition"
Now that does not necessarily mean a CR will take place, but to state the prospect of one as "exteremely remote" is a little wide of the market. Based on what the company has said it must be a 50/50 chance at the very least.
ROS Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held
