Ann: Trading Halt, page-22

EIG increased their 2.7% stake to 12% stake at the time.
The trading halt mentioned:

(a) the trading halt is necessary as otherwise trading in Senex securities might occur while the market as a whole is not reasonably informed in relation to the potential strategic arrangement and capital raising;

this one only mentions funding arrangements, so maybe that’s all it is. I just haven’t quite figured out why draw attention to this for so long, if all it turns out to be is EIG extending the debt facility, or maybe someone else increasing it? Why not just say by the way we’ll be increasing the debt facility when the time’s right, no biggie?