ARI 4.55% 2.3¢ arika resources limited

Any credible Corporate Advisor would consider the following...

  1. 3,899 Posts.
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    Any credible Corporate Advisor would consider the following points:
    1: Is the ASX listed company suspended.YES - IRRELEVANT.
    2:Is the entity trading whilst insolvent.PROBABLE - Are you implying NME directors are criminals?
    3:What is the probability of raising supplemental funds from its existing Shareholder base.NEXT TO ZERO - I'm sure Mr. Martino cn rustle up some funds from his clients.
    4oe's the company have sufficient funds to contribute to the JV on a pro-rata basis.NO - See response to 3 above.
    All things considered,if I were an NME shareholder I would be accepting the offer and seeing this as Manna from Heaven. - Of course that's what you'd say as an MCT shareholder with a Buy Sentiment on the stock. Wouldn't it make your life easier?
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $14.22M
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2.2¢ 2.3¢ 2.2¢ $15.44K 701.8K

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No. Vol. Price($)
5 1510167 2.1¢
 

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Price($) Vol. No.
2.3¢ 45835 1
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
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