Thanks Knowsnothing for your confidence in ARI,
I am also a LT holder who has ridden this bronco for a while and agree the strategy and execution is about to pay off. I am aware of the debt and the ongoing concern about CR , but I note that these fears have flared several times over the past 18months and each time have been settled without the need for CR. ARI advised last week that it's debt covenants are still OK.
I think the IO price and volumes in the 2H should result in good debt reduction. Probably won't be much on the 1H though due to prices. Will be interesting to see the outlook statement.
FT
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 (20min delay)
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Last
4.0¢ |
Change
-0.004(9.09%) |
Mkt cap ! $31.31M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.6¢ | 3.9¢ | $330.9K | 7.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 196590 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 250000 | 1 |
View Market Depth
| Last trade - 15.57pm 21/07/2025 (20 minute delay) ? |
| ARI (ASX) Chart |