ARR 3.85% 27.0¢ american rare earths limited

Ann: Trading Halt, page-10

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  1. 67 Posts.
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    As per my last post, which has aged extremely well, this was a bit ahead of where I though cap raise would happen. Cobolt blue shares will not be sold as they hold intrinsic future value.

    In my un-educated view from my armchair this will likley because of the opportunity to raise funds now, instead of later. That means likley a government assistance through SPV or strategic partner.

    this could of course just be a standard cap raising is side, however the timing means they had to list before funding could happy. My money is on Hedgie, gov or strategic partner. Look at Blackrock et al who are in Lynas.

    N.B MP not healthy enough to land grab just yet. They are under pressure to get plant going from gov to secure supply chain. Chinese just nationalised production and processing.

    these views are my own and should not be taken as anything but personal views, they do not constitute investment advice. Investment decisions should be based on one’s own views. It is you who pressed the button not I that induces.
    Last edited by Josop90: 06/12/21
 
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Last
27.0¢
Change
0.010(3.85%)
Mkt cap ! $135.6M
Open High Low Value Volume
26.5¢ 28.0¢ 25.5¢ $200.4K 745.6K

Buyers (Bids)

No. Vol. Price($)
2 47058 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 238848 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ARR (ASX) Chart
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