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Long-followed HotCopper forums darling Strike Energy (ASX:STX) has been the talk of the threads early in Week 30 after the Australian energy company called a halt before trading heading into Monday morning.
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The Aus has since speculated the halt is precipitating a merger between Strike and Carnarvon Energy (ASX:CVN) – the two paused at nearly the same time.
STX shares headed into the trading pause at 16c. Similarly, VCN was last 11.5cps.
Anteotech Ltd (ASX:ADO) has also been trending early in W30 after announcing a binding term sheet with international battery manufacturer Black Diamond Structures to advance (read: commercialise) its AnteoX batteries.
And, Larvotto Resources (ASX:LRV) has been up +5.7% after raising as much as US$105M through a fully-subscribed bond issue. It will now settle in August.
It’s been a rough day for the ASX at large; the bourse was down -1% at midday.
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