ARL 5.21% 45.5¢ ardea resources limited

The fact that we weren't in on that placement has two main...

  1. 4,818 Posts.
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    The fact that we weren't in on that placement has two main reasons for me, the first being that we were just given the chance to get in the same price recently.

    The second is much more important for us moving forward, which was to entice new investors to come on board and reward them for doing so.

    Those people have now been adequately rewarded for their entry, they could still make a buck at today's low of 83 or whatever it was.

    Net result? We now have a whole new group of people who've made a dollar or are sitting on nicely priced shares which will motivate them to go out and talk us up while we also now have enough in the bank to keep progressing.
 
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