Aru have $75M cash this quarterly.
They have stated they expect no more large outgoings (site works for example).
If Aru spends $10M a quarter on administration costs etc.
Then $75M cash divided by $10M costs a quarter = 7.5 quarters of cash remaining.
I don't see a capital raise until we are wrapping up finance.
But we will have to wait to see the next quarter to get a better picture.
Aru have $75M cash this quarterly.They have stated they expect...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $510.9K | 3.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 90 | 5476596 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1342796 | 12 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |