I agree its a fantastic announcement and regret not buying at 23c last Friday obviously! But my problem is with the market and not Arafura. Some positive sentiment has entered the market today off of the crash last week.
A V-bottom has formed, which is a bounce off of last week - a bounce that won't last. Sure we may (or may not) see a continuation tomorrow and Thursday, but my tip is to sell before or on Friday as carnage will return next week IMO.
credit facility ann, page-21
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $395.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $317.2K | 1.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70837 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1577767 | 43 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |