Some of the concerns you mentioned which could delay FID, such as another banking crisis, expansion of war in Middle East/Europe will have far reaching consequences across a majority of stocks, and not just Arafura.
If those are your concerns, best pull out of the share market as a whole because you will see a repeat of a Covid sell off across the world should that occur.
Your comment about SP potentially falling to 16c is one I agree with, however at the same time not guaranteed.
CRs are always rocky territory so anything goes. Hope market opens today as I’m eagerly waiting to see how it goes.
Ann: Arafura launches A$20m placement and A$7m SPP, page-78
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16.0¢ |
Change
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Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $228.1K | 1.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 930251 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1241247 | 20 |
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