ARU have had to do placement in 2 Tranches again. Me thinks that GR got the privilege of getting all the shares in T2 (that we shareholders have to vote to OK) with funds handed over on Jan20th ($25.125mil). I suppose it will be confirmed when a Substantial SH notice is lodged by HP in the about 2 weeks time. Least she has to stump up the other $35mil end of this week Great to finally have a substantial Aussie investor on board, middle finger to WES's response to my emails and phone calls in 2020 ... (blowing raspberries). I suppose it was just too risky for them at that point.
MC after CR/SPP @0.415 = $860mil she's a creeping up to that ASX200 $1.0 bil MC zone, when she cracks 0.50 and that holds as support for a full quarter, I think S&P will include ARU in the quarterly rebalance of ASX200.
@MAB73 great to hear "They are being approached regularly, with all kinds of proposals / alternate pathways and the board will let us know if anything advances sufficiently...."
Anyone heard/seen of any news articles/videos/reports of how this is being reported?
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