ARU 0.00% 13.0¢ arafura rare earths ltd

Ann: Entitlements Offer Closure and Notice of Shortfall, page-12

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  1. 49 Posts.
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    Autsch, that was unexpected.
    I thought much more shareholders would participate, i.a. because the shareprice during the last three weeks allowed to sell some shares at a higher price and re buy them cheap via the placement (this is what I did, e.g.).
    At least, half of the shortfall goes into the hands of Talaxis, and I think they really are interested in INVESTING and stick to their holding.
    90 m shares into the hands of Paterson are not good news. They´ll probably use the next 1-2 cents increase for selling. Maybe they initiate a price spike in order to sell their shares, that might be a positive aspect for someone...

    Well, we´ll get over that, too.

    Regards
 
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