right now ARD have about $2m cash.
They just spent $1m to GCR for remainder Kemfield.
They must spend $2.5 m on DFS by years end.
If they can get near enough to 100% conversion of option thats over $7m to ARD. and it sets us up for a very rosie future.
we need to maintain the 20c and better sp for ARD to get full conversion.@ 17.8c
I would like to see them have the options underwritten if they could to be guaranteed the $7m (less underwriting costs)
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $31.81M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $118.9K | 5.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3581053 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1844464 | 1 |
View Market Depth
| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |