Mate - I can feel most SHs are tired and have run out of steam to power this boat forwards. That's the most difficult period of Lassonde Curve we are going through. I myself stayed away for a few months to avoid temptation to buy in too soon.
I will be disciplined and not buy the remaining 25% if the shares pop (which they may in response to the Chinese stimulus and higher nickel prices). What we need very badly right now is some sort of catalyst e.g. a letter of support from export credit agency etc to re-invigorate investor interest in ARL.
Its a big project involving technically complex HPAL operations so the DFS will take a very long time (as it should) - No hurry to buy shares I guess. We have plenty time. I had some quick gains from selling some very profitable positions recently (due to a unexpected Chinese stimulus many of my shares have gone by 30-50% in 2 weeks - So I just took some chips off to invest in the beloved ARL)
This is a bottom drawer investment that will pay handsome rewards next year.
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Mate - I can feel most SHs are tired and have run out of steam...
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Last
40.5¢ |
Change
-0.005(1.22%) |
Mkt cap ! $80.87M |
Open | High | Low | Value | Volume |
41.0¢ | 41.0¢ | 40.0¢ | $6.033K | 15.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 108618 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 29982 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 108618 | 0.400 |
3 | 16895 | 0.395 |
2 | 27700 | 0.390 |
2 | 20499 | 0.385 |
1 | 7878 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 29982 | 1 |
0.410 | 38718 | 1 |
0.420 | 14800 | 2 |
0.425 | 5147 | 2 |
0.430 | 3255 | 1 |
Last trade - 14.13pm 30/09/2024 (20 minute delay) ? |
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ARL (ASX) Chart |