agree but even just main game Ni-Co (very good project, hence the focus) ARL very cheap given advanced large scale project and <100M shares on issue and good cash position. I picked up another bunch yesterday at 71c and will accumulate more, as one best bargains in junior resource sector IMHO.
My guess is ARL will spin of the eastern Australian projects at the right time. Would not surprise me if a major or Asian battery manufacturer has a TO bid on ARL for their Ni-Co project in next 18 months or at least an attractive JV proposal and take care the Capex. ARL has all the makings to become a high Mcap company.
Like Gold, copper, cobalt, nickel
agree but even just main game Ni-Co (very good project, hence...
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Last
67.0¢ |
Change
-0.025(3.60%) |
Mkt cap ! $133.7M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.5¢ | 63.5¢ | $128.7K | 193.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2620 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 12237 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
68.0¢ |
Change
-0.025 ( 1.13 %) |
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| Open | High | Low | Volume | ||
| 65.0¢ | 68.0¢ | 63.5¢ | 51413 | ||
| Last updated 15.47pm 06/05/2024 ? | |||||
| ARL (ASX) Chart |