Thank you all for reassuring me regarding a takeover. Kablooey's comment regarding a merger/joint venture seems more likely to me. It could cost up to 2 billion dollars to build and commission a plant for extracting the cobalt and nickel. The scandium extraction seems to be on hold at the moment. Ardea does not have that sort of money. I still have to buy my loyalty options but that will not be enough.
Cobalt prices seen rising sharply as deficit balloons, page-77
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Last
38.5¢ |
Change
-0.015(3.75%) |
Mkt cap ! $76.87M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.5¢ | $89.79K | 227.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44141 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 3620 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |