Disappointed. First Calcium chloride was a marketable by-product then gypsum now what?
Could have been handled much better.
1. Come up with a revised plan to present to the market. Including revised production dates and make it clear that some of the latest cap raising will be used to get construction underway.
2. Trading halt.
3. Announce revised plan and cap raising together.
This announcement raises more questions than it answers and has sparked a sell-off which will only further dilute the cap raising efforts.
Surely one of those consultants could have told ARU that.
12 month delay on bfs, page-18
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $396.5K | 2.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 24880 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 813477 | 13 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |