Mate - I can feel most SHs are tired and have run out of steam to power this boat forwards. That's the most difficult period of Lassonde Curve we are going through. I myself stayed away for a few months to avoid temptation to buy in too soon.
I will be disciplined and not buy the remaining 25% if the shares pop (which they may in response to the Chinese stimulus and higher nickel prices). What we need very badly right now is some sort of catalyst e.g. a letter of support from export credit agency etc to re-invigorate investor interest in ARL.
Its a big project involving technically complex HPAL operations so the DFS will take a very long time (as it should) - No hurry to buy shares I guess. We have plenty time. I had some quick gains from selling some very profitable positions recently (due to a unexpected Chinese stimulus many of my shares have gone by 30-50% in 2 weeks - So I just took some chips off to invest in the beloved ARL)
This is a bottom drawer investment that will pay handsome rewards next year.
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $78.87M |
Open | High | Low | Value | Volume |
40.0¢ | 40.0¢ | 39.5¢ | $43.70K | 110.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 29740 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 3500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 29740 | 0.395 |
3 | 61538 | 0.390 |
1 | 10000 | 0.385 |
3 | 29454 | 0.380 |
2 | 15686 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 3500 | 1 |
0.420 | 39791 | 1 |
0.430 | 4000 | 1 |
0.440 | 16590 | 1 |
0.450 | 22000 | 2 |
Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
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ARL (ASX) Chart |