AUQ 0.00% 5.6¢ alara resources limited

IMO. They need to raise capital. There remains concerns with the...

  1. 852 Posts.
    IMO. They need to raise capital.

    There remains concerns with the leases and the JV. From what i have seen of management, they don't appear to have a good handle on this. Yes...Well known issues, but some prefer to ignore the risks.

    I don't get excited by the NPV broker spruiked valuations.

    It boils down to a view on the ownership. The asset looks ok to me.

    Until resolved, i see no need to be here, my money is going elsewhere.

    Disclosure: I was a holder, sold out at 10c

    Sorry no silver bullet for current holders.

    LM.
 
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Last
5.6¢
Change
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Mkt cap ! $40.21M
Open High Low Value Volume
5.7¢ 5.7¢ 5.6¢ $1.574K 27.77K

Buyers (Bids)

No. Vol. Price($)
2 3111 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 109330 2
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Last trade - 10.46am 24/06/2024 (20 minute delay) ?
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