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PaperlinX in trading halt

SHARES in paper and forest products company PaperlinX have been placed in a trading halt by the Australian Stock Exchange, pending an announcement.

SHARES in paper and forest products company PaperlinX have been placed in a trading halt by the Australian Stock Exchange, pending an announcement.

PaperlinX last traded at 17.5?.

The shares are to remain in a trading halt no later than the start of ASX trading next Tuesday.

PaperlinX's share price this week rose by as much as 90 per cent, from 10? to 19?, before easing.

In May, PaperlinX said it was solvent and able to meet its debt obligations.


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