Hopefully will be a good opportunity for IFT to retire some debt
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Hopefully will be a good opportunity for IFT to retire some debt
Dumb question but how long will they stay halted ?
Ift ann out but not the one we all want , this one is about splitting the warrant payment.
Not sure of the NZX rule, but in Aust a trading halt can only last for 3 trading days. After that, the share is suspended and all bid/offers are cancelled.
This halt really depends on how long it takes to get the offer for ENE to the market. Shouldn't really take that long unless it's caused by info leaking before the parties are ready for an announcement.
Ann out ,trading halt lifted , great deal for IFT and its share price especially prior to the warrants exercise date next month.
Mac , I thought that in a report somewhere that it was a fairly close call in this particular investment but with this ann they could now be out of the woods.
Great Toddy , now we will have a new class of warrant listed from 11/07/09 a "Partly paid, $ 1.12 , 21/05/2010 Warrant" !!!.