Great background to the company register, that I was not aware of. Makes sense now.
Still the sell down from the $1.50 levels just looks orchestrated, by funds to get in at an attractive price, now range bound in the $1.00 to $1.20 level. No bad announcements apart from Covid-19, and the market has recovered strongly, especially in the US where Aroa get most of their revenue from.
Seems so undervalued when the last quarterly item 8.5 lists the company has funds for 23.3 quarters. Page 10
Financial Highlights Page 1
Strong cash balance of NZ$65.3 million as at 30 September 2021 and the company is debt free.
Come on finish $5 plus, page-34
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
58.5¢ |
Change
-0.015(2.50%) |
Mkt cap ! $201.3M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.5¢ | 58.5¢ | $39.03K | 66.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5134 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 19587 | 1 |
View Market Depth
| Last trade - 10.49am 26/06/2024 (20 minute delay) ? |
| ARX (ASX) Chart |