I just don't get the urgency to raise funds now. Yes, hiring of some more staff and bringing forward the time line of exploration. Time is our friend. The intrinsic value of ARL will most likely continue going up with increasing cobalt and nickel prices. CR could have been done in 6mths when SP is at $1.20+. I just don't see a reason for it to happen now other than institutional investors muscling in.
Any thoughts?
I just don't get the urgency to raise funds now. Yes, hiring of...
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Last
50.5¢ |
Change
0.025(5.21%) |
Mkt cap ! $100.8M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 52.0¢ | 48.5¢ | $19.80K | 39.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2464 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
| ARL (ASX) Chart |