Doing the calculation ARV's holdings in Alien are now worth about $5,500,000. Add that to the recent capital raise and that gives a fair bit of cash available for our Carlow Castle and Paterson drilling campaign. So in my view a better move by ARV selling to Alien than not having the cash available to develop Munni Munni.
Ann: Agreement to Sell 70% Munni Munni JV for A$4.9m Cash&Shares, page-48
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $26.83M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $6.118K | 437.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 5937773 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 120025 | 3 |
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| Last trade - 11.13am 21/10/2024 (20 minute delay) ? |
| ARV (ASX) Chart |