You’re upset that two different companies are judged by the same standard and therefore two different conclusions are drawn? That makes no sense. These are not two of the same.
ARL and the company you’re concerned for are completely different.
ARL?
•Australia’s largest laterite resource. No apologies for the fact there can be only one.
•Consistently prudent and decent management- CRs either done at a premium ( higher than contemporary SP ), or as with this one, very close to the price at the time and resulting in a huge show of support from the market. Decent? The Board took a voluntary pay cut when they noted that Covid has slowed them down! They buy stock with their own money.
•Growing sulfide potential. Which demands exploration and development.
•Fantastic industry partnerships, none of which stop us from negotiating money down from any potential partner.
The company you are concerned about?
None of the above & numerous things which I see as negatives.
1 + 1 = 2
1 - 1 = 2 is what I see your posts as wanting. Not happening.
Ann: Successful A$21.5 Million Capital Raising, page-20
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76960 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 72533 | 3 |
View Market Depth
| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |