Apollo has been ranging without consolidation between 10 and 12.5c.This should change shortly with hopefully positive drilling results. Without the drill results Apollo will be boping like a cork in the ocean.
Aon has two major Chinese shareholders who are in it for
the resource rather than for the trade while the cork is boping in the ocean ( ranging ).
We have been informed of the drilling which I assume is happening.
Apollo is well located being close to the railway and only 30km from port. Further, there are major players next door whom are progressing to the next phase of development with processing plants. All of this costs an eneormous amount of money and hence these companies need Iron Ore to make the project feasible for the future.
The ranging will only stop with drilling or the team doing a deal with our neighbours. This needs to be done while Iron is hot and in demand, otherwise ranging will continue.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.570M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1799791 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1729186 | 8 |
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| Last trade - 09.59am 16/09/2025 (20 minute delay) ? |
| AON (ASX) Chart |
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