With all due respect, if this was a "dig and ship" operation as you said, meaning we were already producing the actual material with all capital expenditure already done, you can forget about buying this share. It'll be multiple multiples of that piddling $50m MC, with the price runs done and dusted long ago. What's there left for you to invest in and make gains on?
The current price is not even half the price of the "potential" of the company alone. Come on, $50m MC??
Also would like to put this into perspective. Here we have a known, very large, cobalt resource. Not only large, it is massive.... i read somewhere, it is some silly multiple of the next biggest resource in Australia (someone help me with the actual facts here).
If this is not good enough for investment, and assuming you want to invest in cobalt (which I assume you are), then what is?
- Forums
- ASX - By Stock
- ARL
- Largest cobalt resource with lowest valuation
Largest cobalt resource with lowest valuation, page-30
-
- There are more pages in this discussion • 2,550 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $87.86M |
Open | High | Low | Value | Volume |
43.5¢ | 44.0¢ | 43.5¢ | $8.145K | 18.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36096 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 25870 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 36096 | 0.435 |
5 | 36568 | 0.430 |
2 | 1700 | 0.420 |
3 | 44390 | 0.410 |
1 | 25000 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 25870 | 2 |
0.445 | 4249 | 2 |
0.450 | 15504 | 1 |
0.480 | 5000 | 1 |
0.490 | 15000 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online