You must be new to this game?
A mou costs nothing. It locks down minerals for future use. No money change hands so no risk.
Simples.
I wonder if they found out about the street talk about ARL inflating mineral prices by around 30% (from memory)?
Happy to be corrected.
All in my opinion and not investment advice.
Do your own research.
Ann: Successful A$16M Capital Raising, page-34
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $87.86M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 44.0¢ | $12.74K | 28.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15213 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 19504 | 2 |
View Market Depth
| Last trade - 13.59pm 23/08/2024 (20 minute delay) ? |
| ARL (ASX) Chart |