I was thinking of this as a dream case scenario but never really considered it as a high probability until reading the wording. There is a bit of an implication there, but to be honest we are just speculating like crazy and there's also no guarantee they would be only interested in trading finance for preferential offtake.
I always thought of it as Sumitomo would want equity and Mitsubishi offtake. Both would help with finance in exchange. Win-win.
In a hypothetical scenario where we keep more equity like this and they get preferential offtake the upside would be mental. Absolutely mental.
DYOR just my musings and not suggesting anything. We really don't know yet, but it does make me very optimistic for the weeks ahead!
I was thinking of this as a dream case scenario but never really...
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Last
62.5¢ |
Change
-0.005(0.79%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 66.0¢ | 62.5¢ | $44.45K | 69.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3404 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 2972 | 3 |
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| Last trade - 12.19pm 15/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 64.0¢ | 65.0¢ | 62.5¢ | 24474 | ||
| Last updated 12.19pm 15/05/2024 ? | |||||
| ARL (ASX) Chart |