If you are not already onto this one well you should be!
These guys have a market cap of 39M and have recently recorded their first profit of 2.2M up from last years loss of over -7.2M.
In my mind this is a cheap and under valued company I think worth keeping an eye on.
They will either rise to be a top player or be bought out by Caltex or Shell who are their only direct competition.
Alternative Energy seems to be a hot topic and their is a lot of discussion in relation to its future in mining.
Check out these links, they are interesting read.
http://www.issuesmagazine.com.au/article/issue-june-2012/biodiesel-improve-underground-working-environment.html
http://www.miningaustralia.com.au/features/biodiesel-and-its-future-in-mining
I have attached a link to their last report that I have run through a filter I wrote for Acrobat that highlights key words that will help pull out paragraphs that are worth reading.
Red - Sell
Yellow - Hold
Green - Buy
Blue - Review
Purple - Key Words
Download Report Here:
https://www.dropbox.com/s/d4opt9qb61yh2re/ARFuels_Annual%20Report_006%20Full_LR.pdf
There are still hurdles and issues to overcome, however they tick all the right boxes to become a Medium to Large Cap Player.
Please form your own opinion and I always welcome feedback.
I would suggest to buy however it would be great if holders were to sell so I can pick up some more shares on the cheap.
As always contingent orders are in place however I have allowed a little more on this one.
AJW
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thorney technologies ltd
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.89M |
Open | High | Low | Value | Volume |
9.8¢ | 10.0¢ | 9.5¢ | $55.08K | 568.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 274596 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 130655 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 274596 | 0.095 |
3 | 260000 | 0.092 |
3 | 337000 | 0.089 |
1 | 115007 | 0.088 |
1 | 46080 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 130655 | 2 |
0.110 | 39431 | 1 |
0.115 | 235000 | 3 |
0.125 | 17200 | 1 |
0.130 | 24005 | 1 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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