ARU 2.50% 19.5¢ arafura rare earths ltd

You gotta be careful here. Its only gonna take one Trading Halt...

  1. 317 Posts.
    lightbulb Created with Sketch. 160
    You gotta be careful here. Its only gonna take one Trading Halt and an announcement of signed binding OT agreement for 1500 tonnes with eg GE Renewables, and on restart of trading she opens at mid to high 70s. If announcement also contains binding/finalised Financing its going to be north of 85.
    Still targeting a min. of $1 before I consider taking profit on a small part of my 95% core ARU shares as I will have too much CGT to pay in one year. SP will be strongly bid IF it somehow trends to under 60c. Any shorters are gonna get burned bad.
    ARU will be a $3.0bil stock in under 2 yrs time and by 2030 should be close to $8-10 bil. NdPr demand is only going to accelerate from 2025 and the NdPr price is likely to be double what it is today.
    Yes all in IMHO, after doing plenty of research, and yes latching onto this longterm thematic far too early (2011) but has rewarded greatly with purchases as low as 4.4c
    DYOR, GLTA(patient)H "Build it they will come for more"
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $450.5M
Open High Low Value Volume
20.0¢ 20.0¢ 19.0¢ $554.7K 2.831M

Buyers (Bids)

No. Vol. Price($)
34 1139538 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 47758 3
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.