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.
Perhaps the rise in price is a reflection of the importance of...
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.3¢ | $868.6K | 4.398M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 131969 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 2059581 | 13 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |