AAR 4.35% 11.0¢ astral resources nl

so close to major breakout, page-98

  1. 15,857 Posts.
    lightbulb Created with Sketch. 460
    can somebody tell me why ex food companies etc with negative bank balances and possible mining lease deals in third world countries are worth more these days than ones with existing operations, infrastructure and money in the bank?

    it seems if aar would just spend all their money, close down Koongie, Victoria, Mandilla and Dalgaranga, replace their mining staff with failed computer techs or food operators, and offer a cap raising to fund a purchase of a low grade copper or U lease in somewhere hard to get to then we would certainly see her getting re-rated twofold.

 
watchlist Created with Sketch. Add AAR (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $127.1M
Open High Low Value Volume
12.0¢ 12.0¢ 11.0¢ $485.7K 4.306M

Buyers (Bids)

No. Vol. Price($)
13 1586762 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 50461 1
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
AAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.