ARU has forecast revenue of about 573 million if I recall correctly. That’s between some 2.1 billion shares. Rough math says that equates to over 25c per share.
pick a reasonable price to earnings ratio - say between 10:1 and 20:1, or a 10 to 5% return, and the share price should end up between $2.50 and $5.00 over the next few years. That’s in the ballpark of where Lynas is now.
And that’s before Nolan’s part 2, Minhub, and other projects.
ARU has forecast revenue of about 573 million if I recall...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $404.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $439.6K | 2.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 159997 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1604796 | 27 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| ARU (ASX) Chart |