ARU 0.00% 19.5¢ arafura rare earths ltd

Ann: Arafura Share Purchase Plan Results, page-14

  1. 317 Posts.
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    Yep, can only hope that "strategic equity" from OffTakers or Foreign ECA or Financiers (debt to Equity swaps) are done at a much higher SP than 0.37 as management have certainly refused to accept Retail Holders $$ @0.37. They will be back to us in 12 months time for $$ at (hopefully) much higher $$ but I most of us would have preferred providing capital at 0.37 now not say 0.60 in 12 months time....but can't complain if its 0.60 then, we're all winners then (just would've been bigger$$ winners !!).

    Still buying just under todays close. LTHold.
 
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