I plan to hold.I wouldnt if I thought that it was a total disaster but ARU has a valuable resource. The sp is under pressure because of the delay, and because there is big year-end tax driven selling.There is no doubt that the announcement could have been a lot better and explained more about savings Vs delays.Time to production will be an important factor as we go forward so they need to get a move on.
I hope they will get better advice regarding the next cap raising.Putting a swag of shares in the hands of short-term (sophisticated) investors is asking for trouble.
Hopefully they will have a rights issue that rewards loyal long-term shareholders .
12 month delay on bfs, page-33
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $407.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $192.3K | 1.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 472974 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 605480 | 13 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |