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Butn Limited Requests Trading Halt Pending Capital Raising Announcement

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Butn Limited Requests Trading Halt Pending Capital Raising Announcement

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Butn Limited ( (AU:BTN) ) just unveiled an update.

Butn Limited, listed on the ASX under the code BTN, has requested a trading halt on its securities pending an announcement regarding a potential capital raising. The halt is expected to remain in place until the announcement is made or until the commencement of normal trading on Monday, 16 June 2025. This move indicates that Butn Limited is preparing for a significant financial maneuver, which could impact its market position and stakeholder interests.

More about Butn Limited

Average Trading Volume: 250,988

Technical Sentiment Signal: Buy

Current Market Cap: A$29.33M

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

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