Hi Folks,
this is my first post on HC but I am a reader and shareholder since 10 years+.
I wonder why ARU has such a low market cap compared to Hastings. I find it quite astounding that Hastings has a market cap of 200 million AUD with a resource that is far smaller than Nolans Bore, lower forecast production and higher forecast opex.
I wonder if it is "only" the offtake agreements they already have that lead to this considerable market cap...? Or am I missing something?
Maybe someone can give me a clue.
Greetings from Germany (sorry for my English)
ARU Market Cap
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.8¢ | $955.8K | 5.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 242825 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 3208576 | 31 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
19.3¢ |
Change
0.005 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.5¢ | 19.0¢ | 2229002 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| ARU (ASX) Chart |