It will andyno but to what extent. The second largest global economy is in pain re property - travel and a great deal as people's confidence is not there at present. Yet China continues EV sales growth and wind infrastructure projects - so how much it will impact. Last week the central bank there lowered short term interest rates from 2% to 1.9% showing they are concerned and beginning pro active measures - only a month ago media rumors of CCP injecting 5 trillion yuan into economy - BHP bullish on iron ore as China property rebounds - there's always cases/news articles for and against so we wait and see what plays out in second half re demand and pricing of lithiums and rare earths. Speaking of they are also to hand down findings and export bans of critical minerals in this second half - so that could be rather large. Even US dialogue at very high level happening now could be seen positive - the economical super powers are key drivers of everything - even though we at ARU at this point are South Korean and German partnered which is very nice indeed - just need to see their financial offerings and that third big offtake.
One would think the only way is up from here with ARU as Testa posts the bottom in? Crunch time now and if management deliver on the script of critical agreements being hindered by ECE being a large holder and director on board then looking ahead now there should be significant news arriving soon. Suffice to say management would look a little more than underwhelming if not. No - not an option - this is/was the final piece. Onwards and upwards.
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It will andyno but to what extent. The second largest global...
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $320.3M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 12.5¢ | $941.5K | 7.135M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 2345206 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 586330 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
43 | 2345206 | 0.125 |
53 | 2289110 | 0.120 |
25 | 1233061 | 0.115 |
18 | 1188432 | 0.110 |
11 | 1004500 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 586330 | 12 |
0.135 | 342321 | 6 |
0.140 | 1434435 | 14 |
0.145 | 908956 | 14 |
0.150 | 3123778 | 13 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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ARU (ASX) Chart |