Come on guys, this price is not about manipulation by some brokers. It is due to non performance and lack of availability to raise cash for the project.
As for cash and market cap, there are plenty of companies out there trading below cash backing. e.g. BAU cash in bank $50M, market cap $25M.
This was the first share I ever bought and i learned a lot on it. (and lost a lot)
What I am wondering is: is there anything that could actually turn this around and increase the SP a bit so I can sell out or is it doomed to go under?
And I don't mean all that obvious ramping stuff from mmartin.
What is happening at Nolans? I worked there in 2010 (big bertha bulk sampling) and have met quite a few people from ARU, many have left by now.
Ann: Capital Injection update , page-47
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $534.1K | 2.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 631081 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 91095 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |