The Speculative Hold rating is retained, and the broker's target is reduced to 17c from 19c due to a $20m placement at 16cps and management's revised project economics for Nolans. - Bell Potter
Maybe now people will fully understand.
This is precicesly what some of us have been saying. Take it from the Broker themselves, Bell Potter who had a target of 64c until start of last year when things started to go funky.
Management have changed the project economics (without explanation) and taken away some of our future value.
Arafura Rare Earths Ltd, page-1195
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $262.4K | 1.498M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 646447 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 2008135 | 43 |
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| Last trade - 13.15pm 11/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |