ARW - Australian Renewable Fuels

[Knobby22]

hey guys,
anyone know why the 30% jump today? there was no news, or is this simply someone buying a few shares to try and make a quick buck? It just seems strange that ther's been hardly any trading on this share and then for it to jump 30 % in one day.

Marc

Had a look, they came out cash flow positive for the month. A good sign.

Did you see the options in the annual report though? Millions of them at 10c.
Should dilute everyone. can't get enthusiastic enough to buy any as there is still a lot of risk and there are so many other dividend paying bargains out there.

 

[st3v3xi3]

Anyone see where this stock is going??? Any future rise in this stock at all especially at time when petrol price is sooo low???

 

[Investor262]

ARW

Does anybody have an opinion about this stock? It has shot up in the last couple of days, investor 262

 

[aberline]

I have this stock and hoping. Years ago it was worth something but things can revive from the dead in shares.
Aberline:

 

[cungle]

Re: ARW

Does anybody have an opinion about this stock? It has shot up in the last couple of days, investor 262

ARW just got rid off its debts after spp.
Struggling to find customers.
Little chance to go up further @ 3c unless oil price $150/b
============================================
My opinion only. DYOR.

 

[Anmar]

June 2013

The first shipment of 5,700,000 litres of biodiesel is now en route to the USA. It will be followed
by another shipment of 5,000,000 litres in August.
Customers for the order are Valero Energy Corporation and Gavilon Inc., two of the world’s
leading energy companies. Valero is a San Antonio, Texas based, Fortune 500 international
refiner and marketer of fuels with a combined throughput of around 3 million barrels a day.
Gavilon is a Nebraska based international grains; food and fuel storage and distribution company
whose energy division stores and transports a range of fuels including crude oil and refined
products, gas and renewable fuels.
ARfuel's ability to secure these export customers in one of the world's most competitive biofuels
markets highlights the high quality and competitive production costs of ARfuel's production
facilities. This competitive advantage will be enhanced by the recent drop in the value of the
Australian dollar and further export opportunities are actively being explored.

 

[Knobby22]

Thanks Anmar.
I find it weird that it is being exported to the USA. You would think we could use it or a nearby country.
Its back on my watchlist.

 

[Anmar]

Aug 6th ARW

Highlights from the Quarterly report:

• $2.2 million net profit expected for 2013
• Export program well underway
• Largs Bay rebuild now complete
• Business recapitalised
• 100:1 share consolidation proposed

 

[Anmar]

ARW has relisted as ARWDA and revalued at $1.200, so far no takers!

 

[Anmar]

10th Sept

Australian Renewable Fuels Limited (the Company or ARfuels) advises that it has completed its 1-for-100
share consolidation. The consolidation involved the conversion of every hundred fully paid ordinary shares
into one fully paid ordinary share. It was approved by a resolution of shareholders at the Company’s
Extraordinary General Meeting held on 26 August 2013.
Following the consolidation, the total number of ARfuels shares on issue is 41,956,145. For details regarding
the impact of the share consolidation on the Company's unlisted options and convertible notes, please refer to
page 4 of the explanatory statement contained in the Company's Notice of General Meeting dated 26 July
2013, which is available on the Company’s website at http://www.arfuels.com.au.

The share price now sits at $1.290

 

[oliver66]

SO this has now been one way traffic for a month. Any ideas as to why? Must be good value now.