3rd of June or 11 Working days till we have to send off our Cheque for the Rights issue.
I notice that the Share Price has held up with very low volume at close to double the rights price. “Amazing”.
I am a long term holder of ARW and I believe it the story and Biodiesal.
It seems that the liberal and Labour government is not putting its Money were its mouth is another inquiry etc.
At current oil prices the two plants are viable but orders sales orders (Cost Plus) are App 30% of capacity proverbially due to blending rules costs. (??Major Oil Companies??)
It seem to be 3rd party blending is the direction.
From reading the Chairman’s letter regarding the rights issue and for it to be “Underwritten” there is a plan on paper but I feel the Directors and Management need to pull a large rabbit out of the hat prior to June 3.
I am looking forward to see the size of the rabbit.
Any Comments?
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.00M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 295619 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 80000 | 2 |
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| Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
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