Australian Dairy Farms Group, which owns three properties in western Victoria, is in a trading halt until tomorrow, pending the release of a further announcement from the company.
TRADING HALT: Dairying country, in South Western Victoria.
The group earlier said it had raised more than $1.5million dollars from existing security holders, exercising options. That followed the announcement, late last year, it intended to buy the Camperdown Dairy Company.
Requests to exercise Options to date have resulted in the issue of 5,890,286 new securities, at a value of $1,551.321.50, with a further 315,000 waiting processing.