Raising capital to invest and grow your business has never been a bad thing as the current environment support the huge demand for your products
Investors who participated in the last capital raise Of Arafura at 12 cents are sitting at 100 percent profits ( current share price 24 cents)
I participated in QPM capital raise few months ago at 8 cents, I am now tripled my money ( share price is now 23.5 cents)
The reality is rare earth prices are on the rise due to rising costs and strong demand, adding to the mix the cost of environmental regulations which Arafura has no problem with that and the premium automakers have to pay to secure supply should short squeeze happen as a result of Chinese producers not meeting the requirement of ESG from Europe
Another angle to consider in your assessment
My thoughts only
Consolidation over, Time to shine, page-52
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $320.3M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $411.5K | 3.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 2891858 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 170510 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |