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
9.7¢ |
Change
0.002(2.11%) |
Mkt cap ! $36.64M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.6¢ | $4.981K | 51.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 184204 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 184204 | 0.096 |
2 | 274596 | 0.095 |
3 | 260000 | 0.092 |
2 | 57000 | 0.089 |
1 | 115007 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 5000 | 1 |
0.098 | 99490 | 1 |
0.099 | 133367 | 1 |
0.100 | 5000 | 1 |
0.105 | 38758 | 1 |
Last trade - 14.19pm 01/07/2025 (20 minute delay) ? |
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