gf, I agree that the market will do what it will do; however I also reckon in a volatile market and with a good announcement it could also go back to $2 in a few weeks.
Remember that Lynas have a market cap of approx 7 x ARU (hard to do the sums with all the complicated finance stuff they have) and ARU will have much higher revenue... for longer.
ARU is potentially a 10 bagger from here still... I think us longer termers can forget this quite easily as we look too close sometimes.
Looks to me like all the loose ones are out and only committed left holding... but we will know soon enough.
Congratulations to ARU for keeping a lid on this one.
weekly chart with notes, page-6
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 16.0¢ | $558.1K | 3.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1818172 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1729486 | 40 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |