This is very interesting in the context of what is happening in the industry.
ARU secured $4m in funding as recently as December 2018, they don't need the funds immediately.
Someone wants to secure a stake in the business. Remember the American investors took a chunk last time, who is it this time?
Would be nice if it was at a premium, but that is unlikely.
Ann: Trading Halt, page-4
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18.0¢ |
Change
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Mkt cap ! $443.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $354.0K | 2.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 640492 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1659291 | 28 |
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| ARU (ASX) Chart |