Have been following this company since the highs of around $1.50 and have squeezed the trigger and picked up what I hope turns out to be a nice parcel. I felt the price was a bit ahead of itself at its highs and 2 cap raises will certainly bring it back to earth.
Having said that the money has been used in facilities and marketing so hopefully this pays off. The company obviously is in a growth phase and needed to expand its plans for the future growth strategies. This q4 may not turn out to be great growth and may be flat but I think looking a one quarter in isolation doesn’t give the best picture of this company. Many reasons why one quarter can be off with a global business and fingers crossed they turn it around.
With revenue of this company what it is and a MC around 90m operating in expanding markets with one of the main players what’s not to like? All this with the added bonus of potentially good results from 2RT. I hope to look back in years to come and be very happy to pick up shares at this price. All in my opinion and DYOR
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $65.21M |
Open | High | Low | Value | Volume |
29.5¢ | 30.0¢ | 28.0¢ | $180.6K | 627.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 137163 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 216245 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 137163 | 0.285 |
3 | 147321 | 0.280 |
4 | 216659 | 0.275 |
4 | 39497 | 0.270 |
6 | 89727 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 252245 | 6 |
0.295 | 103389 | 2 |
0.300 | 106086 | 4 |
0.305 | 2943 | 1 |
0.310 | 90000 | 2 |
Last trade - 15.13pm 21/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
  |
Change
-0.010 ( 3.06 %) |
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Open | High | Low | Volume | ||
30.0¢ | 30.0¢ | 27.5¢ | 427036 | ||
Last updated 15.55pm 21/05/2024 ? |
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ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
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