No point in even participating in the SP tbh. Price usually drops to around the level they are raising. However, indicative open suggesting 18.5c, so not too bad for now.
At least its only 16c. Could be a lot lower than that. At least there seems to be a valid reason for this CR.
With that said, Zip recent Cap Raise dropped to the price and rebounded 1 day later (reaching a new high). Could the same happen here? Stay tuned.
Ann: Arafura launches A$20m placement and A$7m SPP, page-31
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $401.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $337.9K | 2.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 77 | 3186191 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 799849 | 24 |
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| Last trade - 15.02pm 02/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |