At this rate it all hinges on the wording of the next quarterly ann.
If it’s something generic along the lines of “we are proud to see how the team is progressing towards FID and look forward to updating the market in the coming months”, then this will tumble back to 15-16c.
However, if FID is not announced by there is wording that suggests its imminent and ARU is on the verge of kicking off the next phase, then it’ll either hold or trade in the low 20c range.
Best case is we get a flurry of announcements next week prior to the quarterly ann.
ARU Chart Thread, page-2534
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $427.4M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $566.5K | 3.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 1372471 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 150199 | 4 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |