ARI arika resources limited

What to do, page-7

  1. 71 Posts.
    The only way that holders lose everything is ari goes into liquidation and the procceds can't payback all creditors, employees. If there is a DOCA then there must be something in it for holders, they can't say lets just give the company to lenders & fck the holders. Now just as reported both fed & sa government are urging banks to give ari a chance, sa gov goes further proposes to upgrade whyalla to make the plant viable. I haven't seen this kind of support from both governemnts for a company in VA, also consider Banks are unsecured is a messy liquidation in their best interest? At this stage I am rating a 50/50 chance of liquidation, there is a real chance of DOCA hence the insistance the board's choice of grant thorton. Lets just hope for the best as this is out of our hands now.
 
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(20min delay)
Last
3.6¢
Change
-0.001(2.70%)
Mkt cap ! $28.18M
Open High Low Value Volume
3.6¢ 3.7¢ 3.6¢ $27.46K 763.0K

Buyers (Bids)

No. Vol. Price($)
2 477728 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 210000 1
View Market Depth
Last trade - 15.43pm 10/07/2025 (20 minute delay) ?
ARI (ASX) Chart
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