ARU 3.03% 16.0¢ arafura rare earths ltd

Arafura Rare Earths Ltd, page-1164

  1. 233 Posts.
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    I can't see any reason why I would want to buy in the current SPP. Regardless of where anyone thinks the SP could fall to, it's already below the 16c on offer. I have a few questions that I would welcome constructive feedback on:

    1. Are there any reasons as to why it's worth picking up shares in the SPP?
    2. Can we expect Instos to pick up the short fall if retail doesn't buy in?
    3. Is this what instos are hoping for and hence keeping the SP sub 16c?
 
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Buyers (Bids)

No. Vol. Price($)
62 1730596 16.0¢
 

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Price($) Vol. No.
16.5¢ 226915 8
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