ARI arika resources limited

Recap proposal

  1. 2,467 Posts.
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    I have read this proposal carefully and I think it is very good.
    Firstly it removes any suggestion of VA----not that I thought there was much chance, but there was enough doubt for people to shout fire.
    Second it puts the company back on a strong financial footing. ARI is making great progress in a very difficult environment. Its not there yet, but it is well on the way.
    Some posters , even those with a heart, are knocking this proposal, for obvious reasons.
    Frankly I cant see why the SP will not exceed previous levels. And I will want shares in a cap raise, because they will be priced right.

    Allan Gray ---what a destructive brain snap by the man. Destructive of his reputation, destructive of our investment, and dangerous to jobs. What a complete twat.
 
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(20min delay)
Last
3.7¢
Change
0.001(2.78%)
Mkt cap ! $28.96M
Open High Low Value Volume
3.7¢ 3.7¢ 3.6¢ $7.91K 213.8K

Buyers (Bids)

No. Vol. Price($)
1 339636 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 227683 2
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Last trade - 15.32pm 11/07/2025 (20 minute delay) ?
ARI (ASX) Chart
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