You're a smart guy you'll work it out. Surprised GL makes the comment the discount wasn't that big.....if instos approached him and were keen to get in long term they wouldn't ask for a 6.2c placement they would be in close to market price as they are long term right?
I think GL has been foolish here, he got only $7m but the discount is a big one and now he's paying the price and investors are as well.
I feel sorry for all the holders who are long term who didn't even get an SPP at the same price.
when he said 'we hope to have an offtake in 6 months' sort of says to me he has nothing close to being lined up now...
back to the drill rigs then for another programme....
You're a smart guy you'll work it out. Surprised GL makes the...
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $415.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.5¢ | $890.4K | 5.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 503208 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 969413 | 12 |
View Market Depth
| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
|
|||||
|
Last
18.0¢ |
Change
0.000 ( 0.99 %) |
||||
| Open | High | Low | Volume | ||
| 18.3¢ | 18.5¢ | 17.5¢ | 2427545 | ||
| Last updated 15.58pm 11/06/2024 ? | |||||
| ARU (ASX) Chart |