Not many. However Arafura isn’t a failed story yet.
2 weeks ago they announced more financial backing from the Koreans and Germans. Then I believe it was the US a few weeks prior to that?
Surely they wouldn’t back a failing company? One can only assume the due diligence they did prior to their investment (even if certain conditions are to be met).
However, I’ve also stated numerous times that for this to rocket past 20c, FID needs to be finalised. Until then ARU won’t attract a new type investor with a stricter risk tolerance.
IMO any further delays after this year will see this start to tumble between 10-15c. Patience can only go so far in the world of the share market.
Im kind of glad that the upcoming quarterly report is due at the end of this month. It will give us an indication as to how things are progressing.
Not many. However Arafura isn’t a failed story yet. 2 weeks ago...
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $427.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $286.7K | 1.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 152154 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 482460 | 14 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |