Hey FB, it's so frustrating... and its even more frustrating, that I have spent so many years supporting them with good intention to make this a great company. Yet, they seem to have other ideas. Not good, and even at times attempting to blame us shareholders.
Here is my communication and their response was to IGNORE my question - note: I have too many other examples of these which will unfold as we go along, as others are much worse.
Email sent August 12th 2024, and followed up each week since, with many issues of concerns previously advised and ignored;
Below is what I wrote to ARU back in August:
ARU, on the presentation suggested its value was equal to LYC, how is this the case, when ARU only produce 4,400t, being 40% of LYC? Is this not dishonest without some form of clarity given the far reaching differences? i.e. I had to make the assumption that you factored in the expansion to reach LYC valuations, yet did not see these notes anywhere? Could you outline clearly, or remove these from presentations as it has misled us retail shareholders? i.e. based on production rates, and revenue etc. we are no where near valuation of LYC. What am I missing?
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ARU
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Ann: Revised AGM Presentation, page-5
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $443.5M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $114.7K | 652.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 1258441 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 164290 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 1258441 | 0.170 |
30 | 2601927 | 0.165 |
115 | 5085748 | 0.160 |
30 | 1297433 | 0.155 |
61 | 3778083 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 138209 | 6 |
0.180 | 1895929 | 45 |
0.185 | 2523822 | 25 |
0.190 | 1026202 | 20 |
0.195 | 1150034 | 20 |
Last trade - 10.35am 17/06/2025 (20 minute delay) ? |
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Ronald Miller, Non-Executive Director
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