The discount is there for the offering now mad harry. Tuesday will see this resume trading and go bonkers - yet still offer a considerable discount to a future SPP retail offer after another couple of binders to be released soon.
Most anticipate this binding offtake to a German goliath for obvious reasons - that will in turn then see the recently announced AUD900mill mou also become binding - in which has been in spectacular quick time since the new lead arranger was - arranged. In turn that places some real urgency among other ongoing discussions. As Birchcorp stated - these guys know what they are doing. They have advised such - when stating they are favorably positioned - to achieve the greatest of outcomes for share holders and communities/stakeholders. You'll hear that a lot with various companies - but to see it actually occur is rare - we are about to see it happen here - much sooner than I thought - seriously considered this could drag the full year - nonono.
Well done to company and all stakeholders - the long termers here congrats - no better outcome than to see through a long term spec - junior progress to this point - and soon beyond. And the NT - a crazy place I enjoyed 20 years of life (probably a bit - well way to much at times) - this is a feather in your cap. I worked a lot of open cut hard rock gold mines from Hayes Creek to Arnhem Hwy - to Tanami - worked a brief stint at Ranger - These two - ARU and CXO are something to celebrate with all the gas that flows - the revenue will progress NT substantially. Favorable jurisdictions and Governments speaks volumes opposed to uno who.
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $450.5M |
Open | High | Low | Value | Volume |
19.5¢ | 20.5¢ | 19.3¢ | $868.6K | 4.398M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 131969 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 2059581 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 131969 | 0.195 |
18 | 806308 | 0.190 |
29 | 1125351 | 0.185 |
52 | 3172948 | 0.180 |
33 | 2079047 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 1059581 | 12 |
0.205 | 2018744 | 25 |
0.210 | 2608185 | 27 |
0.215 | 781451 | 13 |
0.220 | 857241 | 19 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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ARU (ASX) Chart |