Stonehenge Metals Limited (the Company) hereby requests a trading halt pending the release of announcement regarding a material capital raising.
Suggests to me that it is going to be of significant value... not a small raising...
My guess is 3.5c .....only question is whether via sophisticated or retail...
my guess is that they will have plenty of sophisticated backers that are prepared to fund the majority with a small portion available for us... given the testing and positive progress to date - think this will be snapped up as a good spec buy for sophisticated investors...
All just imo dyor
SHE Price at posting:
4.7¢ Sentiment: None Disclosure: Held