I think we will find out in the next week or two regards to where Steve has moved to. I see HGO is on ARA books at $12.8 million. If I have worked it out correctly, an average price of just over 8 cents per share. My thinking is that once dividends have been paid by HGO, ARA will have recovered their investment. The remaining assets if sold off will be there profit. With Gary, Maurice and Tony in the positions they hold, I am picking a great profit to ARA and also us shareholders.
Just my thoughts. I am not a rocket scientist.
Ann: 190509 RIU Resouce Round Up Presentation, page-11
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Last
7.3¢ |
Change
-0.001(1.35%) |
Mkt cap ! $152.9M | |||
| Open | High | Low | Value | Volume |
| 7.4¢ | 7.5¢ | 7.2¢ | $293.4K | 4.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 279925 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 382665 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| HGO (ASX) Chart |