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Helios Energy Ltd ( (AU:HE8) ) has issued an update.
Helios Energy Ltd has requested a trading halt on its securities as it seeks to secure firm commitments for a proposed material capital raising. This move is intended to facilitate the capital raising process, with the halt expected to last until the announcement is made or normal trading resumes on 13 March 2025, potentially impacting the company’s financial strategy and market positioning.
More about Helios Energy Ltd
Helios Energy Ltd operates in the energy sector, focusing on exploration and development of oil and gas resources. The company is listed on the Australian Securities Exchange under the ticker HE8.
Average Trading Volume: 863,002
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$36.46M
See more insights into HE8 stock on TipRanks’ Stock Analysis page.