ARU 0.00% 14.5¢ arafura rare earths ltd

Ann: Arafura launches A$20m placement and A$7m SPP, page-31

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  1. 1,212 Posts.
    lightbulb Created with Sketch. 318
    No point in even participating in the SP tbh. Price usually drops to around the level they are raising. However, indicative open suggesting 18.5c, so not too bad for now.

    At least its only 16c. Could be a lot lower than that. At least there seems to be a valid reason for this CR.

    With that said, Zip recent Cap Raise dropped to the price and rebounded 1 day later (reaching a new high). Could the same happen here? Stay tuned.
    Last edited by Sharesdude: 24/07/24
 
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