Pacific Star seeks a further two week extension to its share trading halt

The Pacific Star Network has asked for trading in its shares to be suspended for another two weeks.

 
PSN notified the ASX this morning that it currently in talks with financial backers and “…is also continuing discussions with clients on forward bookings and suppliers, landlords and other stakeholders about their arrangements with PNW. The continued uncertainty surrounding the AFL and NRL seasons is also impacting the ability to inform the market.”
 
Pacific Star told the ASX it hopes to provide its next update before the commencement of trading on Friday May 1.

The network owns SEN, Crocmedia, and has a 25% stake in NBL club Melbourne United and also publishes the AFL Record weekly publication usually sold at matches.

 

 

 

 

 

 
 

 

 

 

 


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