Super keen on re-entry. ARU seems stuck in a little bit of limbo land to me.... right now between capital raise price @ 8c and future catalysts which will help it break out above 10c again.
Left-field events which suddenly upset the rare-earths supply chain may be the thing which boosts share price of similar companies (GGG / NTU... both under 10c currently). If that happens I might miss the boat.
For me, I will be waiting to see what happens for 12 months. If this capital raise pushes ARU anywhere near 7c ( I hope for everyone's sake it doesn't) I might not be able to resist.
Great future potential IMHO,
aggott
Ann: Arafura completes Institutional Entitlement Offer, page-9
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $199.1K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 5092148 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1634484 | 13 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |