ARU

2.86%

18.0¢ arafura rare earths ltd

100% totally agree 53.I had high hopes for tomorrow...

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One25

54 Posts.

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25/07/24

14:32

Post #: 74915177
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Originally posted by aaa53: ↑

my concern and there should plenty for us small sucker investors

1) if the future is so promising , as us suckers believe , why can't the management convince "smart" investors to purchase equity at a higher price in line with the potential?

If this was a new venture , the pricing of shares to be issued would be on basis of a reasonable price in line with a range of future returns.

2)I am sick of companies doing equity raising on the basis of a discount to the current share price.

This should only be done if CURRENT investors are all given opportunity to buy as many shares as they wish in line with their holdings.Not given as a DONE price to "sophisticated " investors and the remaining shareholders have to fight for share of the scaps.

3) Why is anybody getting a FEE for placement of the $20 m for allocating at a discount to their friends. This stinks of simple management

4) We need to raise a lot more equity , why is management doing piecemeal minor placements at discounts air the lower prices.The price will continue to be subdued , as $27m will not last and it market knowledge that more equity raising is needed. Why should the market push the price up again , only to be burnt in the next capital raising , which on the past will be for the "smart few" at a fee.

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100% totally agree 53.
I had high hopes for tomorrow announcement....? $CR , - 20M, - What a total waste of FUC.... time.
So disappointed and running flat at the moment

ARU Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 18.0¢		Change 0.005(2.86%)		Mkt cap ! $443.5M

Open	High	Low	Value	Volume
17.0¢	18.0¢	17.0¢	$1.087M	6.257M

Buyers (Bids)

No.	Vol.	Price($)
6	200375	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	787496	25

View Market Depth

No.	Vol.	Price($)
6	200375	0.170
25	1569846	0.165
27	1260899	0.160
20	2024685	0.155
80	2446709	0.150

Price($)	Vol.	No.
0.180	787496	25
0.185	1184776	17
0.190	700592	13
0.195	591483	16
0.200	1208740	18

Last trade - 16.10pm 04/10/2024 (20 minute delay)

ARU (ASX) Chart

100% totally agree 53.I had high hopes for tomorrow...

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

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100% totally agree 53.I had high hopes for tomorrow...

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News