Perhaps the rise in price is a reflection of the importance of Arafura being not located within China. There maybe a major premium associated with the company because the world is waking up to the realization that tied to one country (China) for everything is a really really bad situation.
I knew of this premium/intrinsic value when I first bought into the company. Perhaps the world is realizing it as well. There seemed to be very little sell interest on Friday in the US market....very little.
Ann: Trading Halt, page-29
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.3¢ | $624.4K | 3.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 209908 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 809563 | 23 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ARU (ASX) Chart |