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Botala Energy Ltd Initiates Trading Halt Ahead of Capital Raising Announcement

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Botala Energy Ltd Initiates Trading Halt Ahead of Capital Raising Announcement

Botala Energy Ltd. ( (AU:BTE) ) just unveiled an update.

Botala Energy Ltd has requested a trading halt on its securities on the ASX, pending the release of an announcement related to a proposed capital raising. The halt is intended to facilitate an orderly market and will remain in effect until the announcement is made or normal trading resumes on April 16, 2025.

More about Botala Energy Ltd.

YTD Price Performance: 8.20%

Average Trading Volume: 103,389

Technical Sentiment Signal: Sell

Current Market Cap: A$16.51M

See more insights into BTE stock on TipRanks’ Stock Analysis page.

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