ARU 2.86% 17.0¢ arafura rare earths ltd

missed that little detail.only out by a factor of USD to AU...

  1. 1,931 Posts.
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    missed that little detail.
    only out by a factor of USD to AU 1.52

    https://hotcopper.com.au/data/attachments/6370/6370217-13cf0f390ff90d766dd82278a5bea919.jpg

    Based on your average raise price of 22.5.

    Shares on issue

    Equity funds required 713 + 80 = 813 million x1.52 USD/AU conversion

    813 x1.52 = 1235.76

    Additional shares – 1235.76/0.225= 5,492,266,667

    Total shares = 7,891,300,859


    https://hotcopper.com.au/data/attachments/6370/6370206-01a5c0d61df0abec16f00027d85f9744.jpg

 
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