Hello John435, I take your point but there is general industry move to buy resources now rather than explore for them given the low market cap of many juniors. With a market cap of around 5 to 7 million dollars acquisition of ARD could add cost effective ounces to producers already in the area and within concentrate trucking distance. They also represent a target for a cashed up junior or overseas company to acquire production at relatively small cost.
Not investment advice
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $33.26M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.4¢ | 2.2¢ | $53.68K | 2.331M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 667302 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3213473 | 7 |
View Market Depth
| Last trade - 15.28pm 08/08/2025 (20 minute delay) ? |
| ARD (ASX) Chart |