AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Magnis Resources Limited (ASX:MNS)
Magnis Resources Limited was placed in trading halt on 30 August 2018 pending announcement in relation to capital raising.
The company has requested Australian Securities Exchange to put Magnisâ securities on trading halt as the company plans to release some capital raising announcement in the market. The trading halt is expected to continue till the earlier of commencement of trading on Monday, 3 September 2018 or release of anticipated announcement.
MNS last traded at $0.380, a day back i.e., 29 August 2018.  [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]
Northern Star Resources Limited (ASX:NST)
After announcing the acquisition of Pogo underground gold mine in early trade today, i.e. 30 August 2018, the company paused trading as it was put on trading halt at its request.
The trading halt was granted by ASX on the companyâs request for it is to release an announcement on capital raising via placement to institutional investors. The trading halt is reported to remain in place until the earlier of commencement of trading on Monday, 3 September 2018 or announcement of proposed placement results.
The trading halt news comes post the companyâs release on acquisition of Pogo underground gold mine in Alaska for US$260 million. It has also been reported that fully underwritten A$175 million placement to institutional investors will be made to fund support this acquisition. With this update, the gold producer Northern Star revised its FY2019 production guidance to 850,000-900,000 ounces at an AISC of A$1,050-1,150 per oz.
NST closed at $6.960 yesterday i.e., 29 August 2018.
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 companyâs 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. Kalkineâs team of analysts bought you handpicked report for âTop 25 Dividend Stocks For 2018.â
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.
Disclaimer
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. Kalkinemedia.com 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.
