URA 5.56% 1.7¢ uran limited

Ann: Trading Halt , page-9

  1. 434 Posts.
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    well done to the URA team for doing the placement at market price of 5c and not at a massively discounted price which they could have easily done... or had to give free oppies or something.

    it shows us shareholders that they truly believe in this project and the new one (uravan) and so does mac equity partners. if uran was just chasing easy money (or giving it to their mates) then the placement would have been 3c with a free oppie.

    i'm thinking some quality results are on the cards and they'll give the share price a big shove! why else would the brokers put their investors in at 5c when they can buy that on market anyway?
 
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