I am no accountant nor a financial advisor, but how hard would be to start a consortium of 500 each willing to lend 1 million at current lending rates and Arafura can throw in 100 million free issue shares in total (insignificant addition) at an issue price of $0.20 (as a sweetener). I know I would be interested in it? Not to mention it would scare the life out of the shorts rocketing the share price were it should be!
Win,Win,Win
I am sure its a lot more difficult than that but really??
IMHO
DYOR
GLTAH
Ann: Quarterly Activities Report and Appendix 5B, page-3
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17.5¢ |
Change
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Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $290.7K | 1.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 646720 | 17.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1908983 | 45 |
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| ARU (ASX) Chart |