ARU 0.00% 13.0¢ arafura rare earths ltd

Ann: Options Prospectus, page-3

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  1. 6,428 Posts.
    lightbulb Created with Sketch. 1638
    Very disappointed as all. Many have walked and BEOT would have been expecting such and have just been gifted even more very low price shares not just the placement offer. Some have added or bought in for first time at these levels reading the cue re options at 22.5c with 18 months expiry - the Nolan's project very advanced and easy pickings with where the SP will be in 18 months time - well north of 22.5c.

    Yes anger I have to - hard to fathom and yes can harp on about it - and the previous options whatever. This is very different for mine this time - in that the Insto's/BEOT's have their bags filled with substantial company assistance (whom also have their bags full now with additional 50 million freebies) - so no we can really progress throughout 2024 and beyond - I try to move past the way or why this has played out (simple Lassonde but mafia can arrive late by any means the company and regulators allow) and focus on WHY the Insto's and BEOT's are all over this and what they have been told behind closed doors and what they - or at least some can bring to Nolan's development now they have been catered for.

    Have a good weekend all and stay healthy.
 
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