AUSTRALIA

Transerv surge sparks trading halt

AFTER a sudden spike in volume and a share price that soared almost 30%, Transerv Energy was in a trading halt on Friday as it scrambled to explain the unusual trading.

The Perth Basin junior said it would make an "an update on the Origin sale process" by the opening of trade tomorrow. Transerv is the smallest player known to have put its hat in the ring for Origin...

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