ARU 3.85% 13.5¢ arafura rare earths ltd

@stuwall - let me ask you at what price do you think the...

  1. 2,125 Posts.
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    @stuwall - let me ask you at what price do you think the cornerstone investor will come in at?

    fyi - this is my mix of fundamental and technical analysis.

    fundamental -
    ChatGPTLog inDo cornerstone investors pay at premiums to the sharepriceChatGPTCornerstone investors typically invest in a company during its initial public offering (IPO) or another major fundraising round. They often purchase large blocks of shares at a discounted price compared to the IPO price or the market price at the time of the investment. This discount is a reward for committing substantial funds to the company and providing stability to the share price post-IPO. Therefore, cornerstone investors generally do not pay premiums; instead, they typically receive shares at a lower price than what the shares are initially offered to the public or the prevailing market price.

    technical - historically cornerstone investor purchase shares at a discount I am forecasting aru will be no different.
    5 months of declines as per monthly chart below
    30 million raised at 16c
    I think the cornerstone investors will come in at x% discount to 16c.
    15% at best.


    https://hotcopper.com.au/data/attachments/6368/6368124-3c3a09a6a78c761f818efe16927f30d7.jpg
 
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Last
13.5¢
Change
0.005(3.85%)
Mkt cap ! $332.6M
Open High Low Value Volume
13.5¢ 14.0¢ 13.0¢ $491.2K 3.660M

Buyers (Bids)

No. Vol. Price($)
27 1235259 13.0¢
 

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Price($) Vol. No.
13.5¢ 149428 4
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
ARU (ASX) Chart
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