Announcement just out.
SHORTFALL IN NON-RENOUNCEABLE RIGHTS ISSUE
In accordance with ASX Listing Rules Appendix 7A timetable, Arafura Resources NL advises the
following in relation to its non-renounceable 2 for 5 rights issue:
Number of shares underwritten under rights issue: 30,535,745
Number of shares taken up: 23,419,751
Shortfall taken up by underwriter: 7,115,994
Number of rights taken up
as a result of options exercised prior to the record date: 3,174,981
In total, the issue has raised $12,135,861 for the Company, before costs.
It is expected the shares will be
issued and allotted on the 22nd December 2006.
ends..
So underwriter has over 7 mill to dump.
Lets wait and see what he does with them. I'll take some!!
Cheers TCG
- Forums
- ASX - By Stock
- ARU
- rights issue shortfall
rights issue shortfall
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
|
|||||
Last
15.8¢ |
Change
0.003(1.61%) |
Mkt cap ! $371.8M |
Open | High | Low | Value | Volume |
15.5¢ | 15.8¢ | 15.5¢ | $25.08K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
142 | 5603357 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 2249143 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
143 | 5613357 | 0.155 |
111 | 3912651 | 0.150 |
42 | 1609626 | 0.145 |
28 | 2968967 | 0.140 |
15 | 1059679 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 2233362 | 31 |
0.165 | 1101504 | 21 |
0.170 | 1062556 | 20 |
0.175 | 909791 | 14 |
0.180 | 1185781 | 23 |
Last trade - 10.30am 20/08/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |