Hey Flippa
I respect your knowledge and have detected a change in your attitude lately ?
Before you come here and throw stones, perhaps you should look at this comparative 1 year chart, your beloved AUZ is having a few painful moments as well. Below.
Of particular note for you is that when you look at the peer registry sizes and compare them to AUZ, you might notice a greatly inflated 3.44 BILLION shares in AUZ.
If you know anything about dilution and its incredible drag on profitability, you would know that ARL with a miniscule share registry does not need much of a run to massively compensate its shareholders and create massive wealth.
I would put our management against AUZ management every day of the week, just because a geologist is not a chemist, does not mean the geologist knows nothing about chemistry.
Smart management bring on resources as they need them, this is why contracts and contractors exist, prudent management are smart, managing cashflow in the best manner possible.
This is why ARL has over $10 million dollars in the bank and is fully funded for more that a year at current spend.
This is why ARL has NOT done a traditional capital raise, and ARL did not irresponsibly run out of money and go to payday lenders for a top-up.
I would say that ARL management are more targeted in their primary objective and astute in their execution, with a proven track record.
ARL did not spend precious resources buying development land for accommodation in Greenvale without funding.
ARL did not open an office in premium Waterford Place, Brisbane citywithout funding.ARL did NOT fail on almost every deadline, promise and indication they have made.
(expensive and not needed on 3 counts)
ARL has not irresponsibly diluted the buggery out of every shareholder without discrimination, making rookie mistakes and making a total mess of things.
ARL did not promise its shareholders actual shares in the spinout and then reverse the decision keeping it all inhouse for themselves.
Try to sell one of those shares Flippa.
You CANT.
3.44 BILLION shares, remember that, how did that happen.
No smiley faces and no jubilation, I am sad, angry, pissed and feel sorry for all involved, not AUZ management of course, they should be held accountable.
ARL on the other hand, management are TOPS.
Nothing is easy, if it was everyone would be doing it, how you deal with things is what counts, that's where the real character is found.
We know what we want and are going there, one step at a time.
RED
![]()
- Forums
- ASX - By Stock
- ARL
- ARL chart
ARL chart, page-1669
-
- There are more pages in this discussion • 2,149 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $88.85M |
Open | High | Low | Value | Volume |
43.5¢ | 45.0¢ | 43.0¢ | $25.29K | 58.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1091 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 30372 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1091 | 0.430 |
2 | 1700 | 0.420 |
2 | 34390 | 0.410 |
1 | 25000 | 0.405 |
6 | 60782 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 30372 | 2 |
0.455 | 15000 | 1 |
0.465 | 8333 | 1 |
0.480 | 5000 | 1 |
0.520 | 10575 | 2 |
Last trade - 15.45pm 04/09/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |