Doing the calculation ARV's holdings in Alien are now worth about $5,500,000. Add that to the recent capital raise and that gives a fair bit of cash available for our Carlow Castle and Paterson drilling campaign. So in my view a better move by ARV selling to Alien than not having the cash available to develop Munni Munni.
Ann: Agreement to Sell 70% Munni Munni JV for A$4.9m Cash&Shares, page-48
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Last
1.3¢ |
Change
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Mkt cap ! $22.93M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.3¢ | 1.1¢ | $19.67K | 1.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 683244 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1697611 | 7 |
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| ARV (ASX) Chart |