My take on the 160% offtake situation is that in letting all parties know there is more interest in the product than product available results in ARU having a stronger hand in negotiating the remaining binding offtake terms.
Playing the remaining potential bidders off against each other in stating recently that it's somewhat first in, best dressed, also puts time pressure on those companies waiting in the wings.
Well played ARU.
My take on the 160% offtake situation is that in letting all...
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.3¢ | $624.4K | 3.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 209908 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 809563 | 23 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ARU (ASX) Chart |