Business
Why the Cirralto (ASX:CRO) share price is in a trading halt
You might have noticed the Cirralto Ltd (ASX: CRO) share price didn’t budge today, and that’s because the payments provider requested a trading halt.
So, what is the trading halt for? For a change, it’s not about an ASX price query.
More money, please
Cirralto requested the trading halt in relation to a proposed capital raising. This comes after the last few days of mind-blowing trading volume.
As reported yesterday, Tuesday and Wednesday’s trading volume was 352.5 million shares and 283.4 million shares respectively. For comparison, last Thursday and Friday only experienced 13.7 million and 17.5 million shares of volume.
It would be no surprise that the company would seek to take advantage of the elevated Cirralto share…
-
Noosa News21 hours agoData shows 73 serving and former Australian Defence Force members died by suicide in 2023
-
Noosa News22 hours agoBidding for a good cause
-
Noosa News21 hours agoAustralian-funded PALM scheme liaison workers say they went months without pay
-
Noosa News21 hours agoMurray Watt slams Queensland LNP renewable energy policy