Things could change pretty rapidly mate. ARU's been rubbing shoulders with NAIF/EFA, PM's naming them in his speech. A hurried CR to get the FEED underway.
I hold a firm view (Not an investment advice) - A North Asian or European offtake may bring in a foreign export finance agency on board and we will be well and truly on a path to development. MCQ has delivered NAIF and EFA so far - They will deliver (Our management may be incompetent but MCQ is best in the business) - These things take a long time and GL has done the right thing by setting the ball rolling on FEED work.
ARU has been shit in the past (Low prices and no Fed support could have contributed to that) - I dont defend them
I look at an asset that is worth holding at 12.5 cents price tag
Ann: A$40 Million Share Placement with Strong Support, page-116
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $443.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $1.087M | 6.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200375 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 787496 | 25 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |