Clearly it is a cap raising. Lets hope it is to an investor not a mix of institution and retail.
"In accordance with ASX Listing Rule 17.1, Nimrodel Resources Limited (“Nimrodel”; “NMR”) requests that ASX grant a trading halt to the quotation of its securities, effective prior to trading on 28 February 2012 pending an announcement regarding a material capital raising."
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announcement out, page-13
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Add NMR (ASX) to my watchlist