the market says $80m is value,
lyc $600m is value,
as someone else has pointed out,
what the market participants are now putting together is that their is the appetite for reasonable size investments to be made in This sector $500m investment.
That imo is where the interest is coming from,a re-rating,which could see Aru easily get a new value slapped on it of $200m-250m in the next 3 months.
china tightens grip on rare earths, page-34
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $245.7K | 1.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 333293 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 877689 | 15 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |