AEE 3.23% 15.0¢ aura energy limited

I am unsure how a company can announce a completed placement on...

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  1. 1,940 Posts.
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    I am unsure how a company can announce a completed placement on 5/2/19 and then only release 2*3B's with under 50% of the 61+m shares issued.

    On 21/2 AEE releases the SPP and says: The Company expects the second tranche on or about Friday 1 March...

    https://www.asx.com.au/asxpdf/20190221/pdf/442tg9lhm92sps.pdf

    More than 2 weeks later... crickets.

    Meanwhile, the SPP closed last Friday and still no announcement.

    Why would anyone participate in the SPP at 0.016 when you can buy on market for 0.012-0.013? Because of some free oppies? That would give a value of 0.004 per oppie which is well overs at the current SP.

    For those interested in hydrology of Mauratania, it is well worth reading this document. I read it months ago when I suggested water may be a problem. What has transpired since...

    https://pubs.usgs.gov/of/2008/1138/pdf/OF08-1138.pdf
 
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Last
15.0¢
Change
-0.005(3.23%)
Mkt cap ! $107.4M
Open High Low Value Volume
15.0¢ 15.3¢ 14.5¢ $51.13K 340.9K

Buyers (Bids)

No. Vol. Price($)
1 5795 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 29029 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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