ARU 2.78% 17.5¢ arafura rare earths ltd

Ann: Second Issue of Shares- Entitlement Offer, page-14

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  1. 1,152 Posts.
    lightbulb Created with Sketch. 1075
    I'm not a long term holder so I haven't been worn down like a few others here.

    Gekko, can you explain - I'm curious as to why Patersons or Talaxis would underwrite the CR if the SP were going down to 5c?

    Surely at a minimum, there would be some news that would keep the SP above the 8.5 offer price?

    In the recent interviews with Gavin Lockyer - he's sounded like he should have taken a few beta-blockers before the conversation. He hasn't come across as confident deal maker; maybe he's been a bit nervous. Does he have the mega kahuna's to get this over the line?
    https://www.youtube.com/watch?v=Q4DBGpMO_tE

    Maybe the Talaxis guy is more likely to get this done. He stated in the Fin Review - "Noble is all about building reliable and resilient supply chains, so yes, the idea is for Noble Group to play a role in supporting Arafura through its life cycle, from early-stage to maturity,"

    At the least, it will be an interesting week?

    IMO


 
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