More on share. Even 50% wouldn't make ANY sense. Why would you give away at least 50% and then issuing new shares plus suffocating company with hundreds of millions of loan. Giving up such a significant share assumes something extraordinary from JC. What they'll bring on board to get 50%, 2.5 bln worth of project, not to mention long term value. Financing DFS ? ARL has spent same amount on drilling. Cheap loan ? Loan is not company money and needs to be payed back. Giving away billions of dollars and on top of that suffocating itself with big burden of loan ? Better sell this 50% to JC and get 2.5 bln, no issuing shares, no loan, SP will skyrocket and still get share of project. Plus heavily loaded with cash, they can develop other hubs by themselves.
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More on share. Even 50% wouldn't make ANY sense. Why would you...
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Last
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Change
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Mkt cap ! $120.7M |
Open | High | Low | Value | Volume |
60.5¢ | 60.5¢ | 58.5¢ | $66.10K | 110.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 40247 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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60.5¢ | 14421 | 2 |
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No. | Vol. | Price($) |
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1 | 40247 | 0.595 |
2 | 14047 | 0.590 |
4 | 21877 | 0.585 |
2 | 5220 | 0.580 |
1 | 1172 | 0.570 |
Price($) | Vol. | No. |
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0.605 | 14421 | 2 |
0.610 | 27381 | 4 |
0.615 | 17500 | 1 |
0.620 | 28001 | 2 |
0.625 | 27500 | 2 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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