When the tide comes in, all boats float.
When LYC start producing and start realising positive cash flows, the Funds Managers will jump on board. Many talk about LYC being worth $4.
ARU will no doubt benefit from this, as they did 12 months ago. ARU may not hit $4, but even $2 is a better return from this level than LYC is.
I never thought I'd be buying into ARU at 70c again. Somehow, the opportunity has arisen so I've come in again, with twice as many dollars. It made good money for me once, it'll do it again. Happy to wait 7 months.
seriously undervalued, page-10
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $534.1K | 2.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 631081 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 91095 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |