"One thing that is a certainty though, is that LYC "ACTUALLY"produce a saleable product,
ARU have Nothing to sell, and nothing to even show that they will even get to that stage."
LYC = producer
ARU = not producer yet
You won't have anything to sell until you are a producer. FYI both will be producing the same stuff.
ARU is where LYC was. The smart investor will now look at which one has the most growth potential from here, or invest in both if it is a future economic product (like Hancock has).
What I find ironic, hypocritical, and nonsensical, is the arguments being used to with ARU also apply to LYC. They literally produce/will produce the same stuff, in the same country. They literally are subjected to the same macro economic and strategic environment.
> Probably why Hancock has taken big positions in both.
This is where you don't stack up @Anndy. Honestly think you would be better off bagging Oil stocks on HotCopper, probably more useful for your past time.
Hancock sees the synergies and alignment between ARU and LYC. Anndy doesn't. Speaks for itself really.
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Ann: Quarterly Activities Report and Appendix 5B, page-100
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $406.6M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 16.5¢ | $393.3K | 2.310M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 2675253 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 440845 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 2626119 | 0.165 |
122 | 6318112 | 0.160 |
30 | 1300349 | 0.155 |
57 | 3332450 | 0.150 |
20 | 1638817 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 453565 | 22 |
0.175 | 880519 | 16 |
0.180 | 2183594 | 57 |
0.185 | 2076140 | 19 |
0.190 | 1263264 | 21 |
Last trade - 15.04pm 18/06/2025 (20 minute delay) ? |
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