In trading on Unlisted for the week ending Wednesday 20 May there were 7 trades (10 in the week prior) totalling 179k shares worth $87k. During the week PharmaZen rose 8% to 5.5 cents whilst Rural Equities fell 15 cents to $4.45 and Skyline dropped 1% to $12.80. Announcements during the week included Dorchester Property being put in a trading halt and announcing the sale of one of its properties, PharmaZen announcing the appointment of a new director and Unlisted posting its latest newsletter as well as information relating to its application for exemption. The aggregate market cap decreased by $8m to $1,035m. Dorchester Property Trust, ProTen and MTS Energy remain in a trading halt.
We invite all of Unlisted's stakeholders to consider making a submission on our exemption application. For details, please see the announcement mentioned prior.