Gina Rinehart-backed Arafura Rare Earths pressed play on a small equity raising on Wednesday morning, a day after it said it had lined up $US775 million ($1.167 billion) in debt funding for its Nolan critical minerals project in Northern Territory.
Fund manager sources were told to expect a deal size in the order of $20 million, a sliver of the $US793 million that the company has flagged it would need.
ARU$0.190
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Source: Financial Review
- 9.43am — Jul 24, 2024
Ann: Trading Halt, page-17
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Last
16.8¢ |
Change
-0.003(1.47%) |
Mkt cap ! $401.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $260.6K | 1.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 3368271 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 875473 | 22 |
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