No idea. All we know is that the market as of today values this at 18.5c. For some it’s a bargain, for others it’s too expensive side (plenty of buyers stacked at 17-18c).
For any new holders who may have missed this, another poster gave a pretty good breakdown on where the SP could be in the near future.
https://hotcopper.com.au/threads/valuing-aru.8010026/?get_post=true
Arafura Rare Earths Ltd, page-977
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $358.5K | 2.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 346248 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 478392 | 8 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |