Imo it will be telling if they don't do a small CR soon, viz a viz their expectation that MoU will become binding at which time they can ask for a much higher CR that will be scooped up at any price like prawns at an all you can eat seafood buffet...
even at current price of 70-75 CTS which is around last CR price given mgmt financial controls we have all seen, wouldn't be an issue (dilutive) to raise 10m or so...
ARL chart, page-3470
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Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $81.86M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 40.0¢ | $1.304K | 3.194K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 253196 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 27496 | 1 |
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| Last trade - 12.05pm 13/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |