Rubicon Water Limited (AU:RWL) has released an update.
Rubicon Water Limited (ASX: RWL) has requested an immediate trading halt to be in effect until an upcoming announcement regarding a proposed equity capital raising is made or until the commencement of normal trading on Wednesday, 7 August 2024. This strategic move is to ensure proper management of the company’s continuous disclosure obligations to the market. The company has not disclosed any reasons why the trading halt should not be granted.
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