Yes @razzle7 have always loved your saying "Build it they will come" been so apt for ARU.
Yep, she's on a tear today, hitting 0.665 with great momentum. Had to withdraw the 0.585 buy bid I just missed out on yesterday (by161K shares ahead of me) won't be seeing that price ever again. My 5% "trading portfolio of ARU shares" buy at 0.59 looking good however, gotta work out a sell price then a re-entry point for the 5% volume. Any short-term suggestions?
If she stays above 0.65 for rest of week, good chance ARU will be Added to ASX200 Index (XJO) on March 2nd. That could possibly be part of the reason for the surge were seeing - Fundies/Instos having to purchase according to their Index mandate.
Of course the ARU timeline would suggest an announcement for further OT agreement (eg binding with GE) should be announced within next 2 weeks.
FID before Easter, and probably finalised/signed Debt funding by end of May.
ARU Chart Thread, page-1139
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $462.0M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $768.8K | 3.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 149794 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1734057 | 15 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |