Trade in Platinum Australia Suspended
Investing News Network - November 11th, 2011
Mining Weekly reported Platinum Australia (ASX:PLA) requested the ASX to suspend trading in its shares on Friday.
Mining Weekly reported Platinum Australia (ASX:PLA) requested the ASX to suspend trading in its shares on Friday.
As quoted in the market news:
Trade in the company’s shares was halted on November 9 at the request of the company, but was meant to resume on November 11 to coincide with a planned announcement. However, the platinum miner acknowledged on Friday that it did not expect the capital-raising exercise to be completed on time and requested a trade suspension