AAco enters trading halt

Company News

Shares in Australian Agricultural Company Ltd (ASX:AAC) have been placed in a trading halt as the company prepares to make an announcement concerning the impact of the Queensland’s floods.

In a statement to the Australian Securities Exchange, the company says it will release an announcement later today, after which its shares would recommence trading.

For the half year ended 30 June 2010, Australian Agricultural Company reported a net loss of $12.2 million.

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