The discount is there for the offering now mad harry. Tuesday will see this resume trading and go bonkers - yet still offer a considerable discount to a future SPP retail offer after another couple of binders to be released soon.
Most anticipate this binding offtake to a German goliath for obvious reasons - that will in turn then see the recently announced AUD900mill mou also become binding - in which has been in spectacular quick time since the new lead arranger was - arranged. In turn that places some real urgency among other ongoing discussions. As Birchcorp stated - these guys know what they are doing. They have advised such - when stating they are favorably positioned - to achieve the greatest of outcomes for share holders and communities/stakeholders. You'll hear that a lot with various companies - but to see it actually occur is rare - we are about to see it happen here - much sooner than I thought - seriously considered this could drag the full year - nonono.
Well done to company and all stakeholders - the long termers here congrats - no better outcome than to see through a long term spec - junior progress to this point - and soon beyond. And the NT - a crazy place I enjoyed 20 years of life (probably a bit - well way to much at times) - this is a feather in your cap. I worked a lot of open cut hard rock gold mines from Hayes Creek to Arnhem Hwy - to Tanami - worked a brief stint at Ranger - These two - ARU and CXO are something to celebrate with all the gas that flows - the revenue will progress NT substantially. Favorable jurisdictions and Governments speaks volumes opposed to uno who.
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Last
16.5¢ |
Change
-0.025(13.2%) |
Mkt cap ! $381.1M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $2.808M | 16.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
81 | 2992134 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1169481 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
80 | 2962134 | 0.165 |
90 | 4206052 | 0.160 |
48 | 5192583 | 0.155 |
55 | 3963094 | 0.150 |
17 | 1143635 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1159481 | 24 |
0.175 | 1096003 | 17 |
0.180 | 1540305 | 21 |
0.185 | 965313 | 12 |
0.190 | 371480 | 11 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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ARU (ASX) Chart |