While I acknowledge your thoughts I suspect that it is more a case of a significant funding requirement, competing projects in Australia and around the world and a lack of information to the market from ARU.
At this stage I fear a continual decreasing trend in the SP until either they put a deal away or the market decides that the prospects of them putting together a deal together are negligible in which case ARU would drop down to the levels it was sitting at prior to the most recent run
ARU in REIA webinar, page-23
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $127.1K | 803.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 130 | 5496103 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1763909 | 15 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |