Hi tradeprofits, good morning from Germany.
I think the two main reasons why the SP still is relatively low is a) the huge capex that has to be financed and b) the low market prices for Nd. The prices still dont reflect the forecasted supply gap. Maybe also c) the state of the global economy in general.
An intelligent financing and rising Nd prices will definitely boost our market cap. But thanks to the WES offer there is special attention to our market, and the ARU management can raise the SP also with steady progress in e.g. offtake agreements.
I my opinion it´s a good time to be an ARU shareholder and the company has definitely multi bagger potential.
Best regards
Hi tradeprofits, good morning from Germany.I think the two main...
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Last
19.5¢ |
Change
0.010(5.41%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.0¢ | $2.778M | 14.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29980 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 947702 | 19 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
19.8¢ |
Change
0.010 ( 6.07 %) |
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| Open | High | Low | Volume | ||
| 20.0¢ | 20.5¢ | 19.0¢ | 6175963 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| ARU (ASX) Chart |