"Project is worth multi billions and very large long mine life."
you say ,
So if true , and easily explained , why does the current management give shares away to NEW investors so cheap ? Why
1)not bother to SELL the fact that the shares are cheap at 36 cents for new investors and allow the stock brokers to earn their % by selling the story
or
2) offer the shares only to current shareholders at 16 cents , as a reward for already committing to the company future. Make it a 1 new share for each 2 shares held. If all shareholders accept , would raise about $150m MAX , however not all shareholders would take it up , but we would get at least $30 m I am sure. reward for existing shareholders. instead existing shareholders have to scramble for a share of $7m worth of new shares.Not wasting my time.
The answer is LAZY management at least , who are showing their contempt of existing small shareholders .
I am frankly angry at this consistent approach by current managements of most smaller companies.they are lead by the nose by the broker firms
- Forums
- ASX - By Stock
- ARU
- Ann: Arafura launches A$20m placement and A$7m SPP
Ann: Arafura launches A$20m placement and A$7m SPP, page-197
-
- There are more pages in this discussion • 59 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
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $395.8M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $105.0K | 641.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 707977 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1099096 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 641336 | 0.160 |
119 | 6568448 | 0.155 |
80 | 2976517 | 0.150 |
19 | 922659 | 0.145 |
20 | 2106306 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1095965 | 24 |
0.170 | 1153756 | 26 |
0.175 | 774962 | 14 |
0.180 | 1074251 | 22 |
0.185 | 702172 | 16 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online