unbelievable. I can not understand why we should celebrate this?! A year ago gavin could have easily locked in another 50 mil with much lower dilution at 37cents!!! Why would you say the CR last year was heavily oversubscribed and then be so naive and don’t utilize on it?
and today? We are collectin 20 millions to finish what? Hatch, projectmanagement and more and more non tangible work! man start buying heavy stuff for my money!
he is throwing the money out of the window.
one year silence! He could habe picked any single month this year and would have had a smaller dilution.
i can not understand what gavin is doing!
and why did they grant 67 million in performance rights last week? For what?? For wasting our money?
these guys are way beyond schedule.
but what scares me the most: how screwed is arafura, if they have only this chance to collect stupid 20 mil?
20 millions. Guys think about that? What is 20 millions?
it is nothing. How far should it get us ?
ok, maybe we should be happy they only diluted us by 125 million shares. Hi lis the shares 67 mil for the performance rights (what?) and the shares for the 10 mil SPP, so another 60mil shares. In total >200mil for CR and 67mil for manahemrnt.
nice.
ARU Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
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