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Hang Seng
17,093.50
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39,023.71
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Nikkei 225
38,797.51
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FTSE 100
7,747.81
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0.6617
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78.00
(0.57%)
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2,163.90
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46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
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71,640.19
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78.00
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2,163.90
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46.11
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109.15
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Hang Seng
17,093.50
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39,023.71
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38,797.51
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71,640.19
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78.00
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Gold
2,163.90
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46.11
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Iron Ore
109.15
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Hang Seng
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TMK Energy (ASX: $TMK) requests trading halt for capital raising

  • Author: Stock Piper

TMK Energy trading halt request


TMK Energy Limited (ASX: $TMK) has requested an immediate trading halt of its securities listed on the ASX from the commencement of trading on Tuesday 19 March 2024. The reason for the trading halt is to allow TMK to manage its continuous disclosure obligations while it undertakes a capital raising. The trading halt is requested to continue until the earlier of the commencement of normal trading on Thursday 21 March 2024 or the release of an Announcement by the Company in relation to the capital raising. TMK is not aware of any reason why the Trading Halt should not be granted and is not aware of any other information necessary to inform the market about the Trading Halt. This request is made in accordance with ASX Listing Rule 17.1.

Executive Commentary


The Company Secretary of TMK Energy Limited, Dougal Ferguson, has stated, 'The reason for the trading halt is to allow TMK to manage its continuous disclosure obligations while it undertakes a capital raising. We are not aware of any reason why the Trading Halt should not be granted and are not aware of any other information necessary to inform the market about the Trading Halt.'

Summary of Trading Halt Request


TMK Energy Limited (ASX: $TMK) has requested a trading halt to manage its continuous disclosure obligations while it undertakes a capital raising. The halt is expected to continue until the earlier of the commencement of normal trading on Thursday 21 March 2024 or the release of an Announcement by the Company in relation to the capital raising. The Company Secretary, Dougal Ferguson, has confirmed that the company is not aware of any reason why the Trading Halt should not be granted and is not aware of any other information necessary to inform the market about the Trading Halt. This trading halt request is in accordance with ASX Listing Rule 17.1.

TMK ENERGY LIMITED
TMK | ASX | Energy
0.00350(+0%)
At close 05/07 (AEDT)
Market cap
$24.2M
Volume
769,835
DY Yield
0
PE Ratio
0
52 Week Range
0.003 - 0.016
1YR Return
-93.057%

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