I agree. What attracted me to this asset is it is so strategic. The venture is more than a decade in the making and has gone through a period of business plan failure and R&D to recover to what management present and a highly viewable model. I think the market has realised this and also rerated ARU based on its strategic value regardless of company announcements.
I started buying on the cap raise at 12c and stopped at 20c. Obviously happy and probably made the mistake of not going harder.
If you believe in EV as a theme what are your alternatives? PEK which is a patch of ground in Tanzania?
As an aside the graphite and anode market appears to be in parallel shifting out of the same 100% China sourced dilemma.
I agree. What attracted me to this asset is it is so strategic....
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $395.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.8¢ | $496.5K | 3.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 942705 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1299285 | 24 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |