AAJ 13.3% 1.3¢ aruma resources limited

@surat I agree with what you say to a point however GRE are...

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  1. 671 Posts.
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    @surat I agree with what you say to a point however GRE are worth $24M with a share price at 50c as of just now(11.30am AEST - 19.06.2023). AAJ are worth $9M with a share price of 4.8c.

    Point being the market capital price is more relevant than the share price. if AAJ goes to up to 33c from the GRE price mentioned AAJ ends up at around that $40-45M capital mark.

    Agree - market cap of AAJ should be more at this time. However a lot of people are pulling their money out of the share market & placing it in funds for a rainy day for the next interest rate rise or even a term deposit as it's a safer bet on decent interest than a volatile share market.

    All the best & good luck to all long term holders.
 
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Last
1.3¢
Change
-0.002(13.3%)
Mkt cap ! $2.886M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $14.26K 1.041M

Buyers (Bids)

No. Vol. Price($)
4 391000 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 300000 1
View Market Depth
Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
AAJ (ASX) Chart
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