ARU 9.21% 17.3¢ arafura rare earths ltd

rights issue may be cancelled

  1. 294 Posts.
    As per my previous post, been for a drive to their share registry. Like pulling teeth but I finally got something of interest.
    "They may decide to cancel the RI and refund those that had taken up entitlement".
    Probably be announced after close on 22nd if it is in fact the way they go.
    Makes sense to me. Start again because as it stands at the moment, we're heading for 40c.
    What they decide to do instead is anyone's guess.
    avagoodweekend
 
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