You're right but unfortunately $900 million is a lot of cash and who will allow a $60 million company to borrow that much? It doesn't help that the share price is so low and I think Lynas' history of almost going under doesn't bode well for rare earth mining CR. It reminds me of getting my first loan to buy shares when I was 19 - no bank would give me anything until I had a credit record but how can I get a credit record if no one will give me a loan? Welcome to running Arafura
Arafura answers the call for magnet metals, page-4
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $570.5K | 3.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 278363 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1155850 | 16 |
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| ARU (ASX) Chart |