@chokdee
I think your point about these massive superannuation funds investing is a good one.
Now I know ARU is not a BHP.....but once ARU is producing...and it starts to acquire more feed stock through acquisitions etc......its % of superannuatiuon funds will start to grow.
Have a look at BHP - (top right pie chart - BHP Shareholders by style type)
Almost 70% is owned by super funds!!!!!
ARU would be less than 5% currently. So even if that just doubles...that is alot of shares to be bought. And once these guys buy them....they hold on to them for decades if not forever....
@chokdeeI think your point about these massive superannuation...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $404.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $439.6K | 2.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 159997 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1604796 | 27 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| ARU (ASX) Chart |