So true @Poohbear . Taking a look at these last 15 years we've had periodic wild-swings between 4c ultra-lows & $2 ultra highs..at the low-end of the scale now. We're coming out of a protracted misery period for rare earths and by-all-accounts Nd/Pr has the brightest future of them all..Offtake agreements are not far away and I'm glad we weren't producing over these last few years.
I bought ARU this week at 7.7c with the view that we'll be enjoying the best prices at the most ideal volumes. Reserves are enormous. We're a takeover target, so I'll be damned if I'm selling low, capitulating when I should be buying in gloom. Patience will be rewarded when the market puts Pr/Nd back in the spotlight..as it did a few years ago when ARU peaked at $2.10..we spent years under 10c prior to those peaks..No debt, nothing to panic about..Let the EV & Smartphone makers come-to-us to secure their future supply..and they will
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $381.9M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 11.5¢ | $680.1K | 5.672M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 101400 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 506839 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 256173 | 0.053 |
2 | 300000 | 0.052 |
2 | 200000 | 0.051 |
2 | 270000 | 0.050 |
3 | 170500 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 227951 | 3 |
0.055 | 215000 | 4 |
0.056 | 70702 | 3 |
0.057 | 285000 | 4 |
0.058 | 165401 | 3 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
ARU (ASX) Chart |