ARU 0.00% 17.0¢ arafura rare earths ltd

another restart ..., page-14

  1. asf
    9,887 Posts.
    "The SPP offer price will be at a 10% discount to the 5 day VWAP for the 5 days up to and including the SPP close date of 9 March 2012."

    Not very helpful, is it, having no target- or a moving target- for the capital raising? Now we'll see if the market takes the share price up or down before the raising.

    Anyway, a good one for the watch list. Good luck, holders. Hope the moving target is an upward one! You'd have to think that with all the removals from the Board, that the main shareholder would want to take it over at some point.
 
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