WAM Microcap Limited (ASX: $WMI) has requested a trading halt in accordance with ASX Listing Rule 17.1. The halt is pending a further announcement related to a proposed placement to wholesale and sophisticated investors, and to allow the placement to take place. The trading halt will remain in place until the earlier of the commencement of normal trading on Friday, 26 April 2024, or when the anticipated announcement is made.
WAM Microcap Limited has requested the trading halt to facilitate a proposed placement to wholesale and sophisticated investors. The company is looking forward to making the anticipated announcement and providing further details to the market.
WAM Microcap Limited (ASX: $WMI) has requested a trading halt to facilitate a proposed placement to wholesale and sophisticated investors. The company aims to provide further details in the anticipated announcement. This trading halt aligns with WAM Microcap's investment objectives to deliver fully franked dividends, provide capital growth over the medium-to-long term, and preserve capital. Investors are advised to await the company's forthcoming announcement for more information.