Thursday, November 02, 2006

BRZ Trading Halt

Brazin Ltd (ASX:BRZ) has gone into a trading halt this morning. The announcement hints at a major transaction which has occured.

As they have been having their review and there is major private equity purchases occuring on the market this could be a good sign for the company. I have long held the belief this company has more value in its parts than it is as a whole and it is probably worth selling some of its holdings ( providing they sell the right ones).

I'll take a look at the information later today and keep you updated on how I think it will impact the company.

Good Luck Investing ...

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