ARL 0.00% 45.0¢ ardea resources limited

Ann: Heavily oversubscribed placement raises $5.54M, page-67

  1. 2,839 Posts.
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    Hi bossplaya1234,
    You know no one expected us to be at $1 this soon after the CR.

    We'll blow past $1.50 with a cornerstone investor (a la CLQ). If that doesn't happen, I suggest we're in the hands of the brokers who hold many shares that will need heavy pumping given the low liquidity. Good luck to them getting out alive if it comes to that.

    The choice to de-risk, sell out completely or hold on to the investment is in the hands of each of us.

    As for Cobalt and the EV revolution, that juggernaut will roll on, making us a very attractive project for someone in due course I would suspect.

    Whatever happens is ok. We've had a lot of freebies and a brilliant run since IPO.
 
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