Why not 500 million MC for ARU?
Compare to ASM: 600m+ MC, already touched 800m. Ok, they plan to process the oxides further, that gives them a bonus, but the resource is smaller than ARU´s.
NTU´s and PEK´s MC a bit under ARU´s MC, but their resources are significantly smaller.
It seems that the market values ARU with more skepticism, that´s why the MC is still relatively low. But that can change, it all depends on market sentiment and NdPr prices which are recovering. I think we have enough reasons to be optimistic.
Why not 500 million MC for ARU? Compare to ASM: 600m+ MC,...
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Last
19.5¢ |
Change
0.010(5.41%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.0¢ | $2.778M | 14.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29980 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 947702 | 19 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
19.8¢ |
Change
0.010 ( 6.07 %) |
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.5¢ | 19.0¢ | 6175963 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| ARU (ASX) Chart |