Kidman on trading halt as Perth’s Warden Court decision awaited

  • Sep 13, 2018 AEST
  • Team Kalkine
Kidman on trading halt as Perth’s Warden Court decision awaited

Lithium miner Kidman Resources Limited (ASX: KDR) pressed a paused button on ASX yesterday. The securities of Kidman Resources Limited have been placed in trading halt on 12 September 2018 after recoding +11.454% of day change to trade at $1.265.

The trading halt has been placed on company’s request due to pending market announcement that the company has to make in relation to recommendation of the Mining Warden for Perth. The decision is in regard to Kidman’s application for exemptions from previous obligations on tenement expenditure incurred on Company’s Mt Holland Lithium Project.

It is expected that company may have to cough up outstanding expenditure claims to Western Australia government for tenements cost incurred by the previous owner. However, up till this time no announcement has been made by the company in this regard. 

It has been stated that for the company to manage the continuous disclosure obligation it was necessary to go at trading halt. The trading halt will continue till the earlier of 17 September 2018 or on the release of company’ announcement as intended.

Kidman Resources Limited’s stock last traded at $1.265. The stock has seen an excellent performance change of 52.41% over the past 12 months.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK