ARU 0.00% 12.5¢ arafura rare earths ltd

Ann: $1.5m Capital Injection, page-18

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  1. 1,178 Posts.
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    In simple term, by raising fund through CR is a lot cheaper for company. It is very costly to raise through SPP. If it is a much larger amount, it may be worth doing that way. Don't forgot that the cost of raising fund through SPP is around 10% of the fund raised plus other share right offer as well. Definitely not an option for raising $1.5m.
 
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13.0¢ 13.0¢ 12.5¢ $422.7K 3.310M

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103 4486645 12.5¢
 

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