I don’t really see a risk here. Totally my opinion only…ARU are into a great resource here and speculative or not I see only one way for the SP and that is up….. So the way I see it….buy 100k now at a cost of $34k and be given another 50k shares for free down the track giving an overall SP purchase price of 22.7c . Nice tidy profit when the SP hits say 50c+ in 18 mths time. Of course be prepared to lose the lot if the SP tanks. Risk v Reward…..this is what we are all here for right?…..
Am open to correction by someone with more knowledge of how this all works
I don’t really see a risk here. Totally my opinion only…ARU are...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $332.6M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $581.2K | 4.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 2028092 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 438456 | 5 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |