As I write this post copper is the only major metal that is in the green in trading in the US. In my view Aeris is being punished because of a lack of trust in management caused by past errors not least the Round Oak acquisition. Just look at how much cash they wasted in FY’23.
AL would earn back a bit of trust by circling the wagons for the next 12 months, generate as much cash as possible from Tritton, Cracow and Mt.Colin/Barbara and then in FY’26 look at Jaguar and Stockman. Get the basics right, get the balance sheet and funding right.
As I write this post copper is the only major metal that is in...
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.5¢ | $355.9K | 1.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 114153 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 145545 | 8 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.005 ( 5.86 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.5¢ | 517477 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| AIS (ASX) Chart |