I think they listened to my previous post Re: acquiring assets with the tax money!
Transerv Energy Limited (ASX:TSV) (“Transerv”) – Request for Trading Halt In accordance with Listing Rule 17.1 Transerv requests that an immediate trading halt be placed on its securities pending the release of an announcement regarding a substantial acquisition. Transerv expects the trading halt will be required for a period not exceeding the commencement of trading on the second day following the date of this request, in accordance with ASX Listing Rule 17.1.1 and ASX Operating Rule 16.4.2, and that an announcement regarding the proposed transaction will likely be made within that timeframe. Transerv is not aware of any reason why the trading halt should not be granted, nor of any other information relevant to this request.
TSV Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held