ARU 0.00% 19.5¢ arafura rare earths ltd

sophisticated shareholder, page-5

  1. 4,542 Posts.
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    how do you reckon that 28c still stands? IMO the price will be some discount to the vwap of x trading days, I may of course be wrong, but if I was the board I'd want to be getting the max amount from the placement, remember the same amount will be placed weather the price is 28c or 48c, just more $ to ARU

    "The issue price for the Shortfall Shares will be an amount that is no less than the
    issue price for New Shares ($0.28) offered under the Rights Issue"
 
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