AUQ 3.13% 3.3¢ 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.
 
watchlist Created with Sketch. Add AUQ (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.001(3.13%)
Mkt cap ! $23.69M
Open High Low Value Volume
3.3¢ 3.3¢ 3.3¢ $3.926K 118.9K

Buyers (Bids)

No. Vol. Price($)
5 221205 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 154500 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
AUQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.