Not only that, but SP will most likely fall close to around the CR price. Not guaranteed, but usually happens.
SP will be heavily oversubscribed. If you ask for 30k will prob be given 10k.
After 20 years, ARU is too close to the end for this CR not to have a lot of popularity imo.
Now it’s making sense why that director threw in 100k last month at 16.5c. Realistically this has been in the works for sometime now.
Ann: Arafura launches A$20m placement and A$7m SPP, page-63
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19.0¢ |
Change
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Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 30000 | 1 |
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