I believe short selling and naked shorts (ie shorting when you don't own the stock) is rife in the jnr resource market on the TSX and US. ASX not to sure if its that prevalent.
As for the market, all will be known in the next couple of session in the US, many pundits I follow have been calling for a 10-20% correction, personally I reckon there's too much liquidity around to have that happen these days ie the money has to go somewhere.... and that should soften corrections. We're still in a commodities bull market and IMO will be for some years.
ARU are a niche area of that bull market and the fundamentals will always come home in the end.
As Pirra says, who the hell knows where the ARU shareprice will be in coming months years, could drop to 90c could go to $9.00 the truth is knowone really knows, what we do know is the market for the productions ARU is going to produce is exceptional and that will reflect in the SP in the end.
- Forums
- ASX - By Stock
- ARU
- nothing to fear
nothing to fear, page-11
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.3M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.3¢ | $624.4K | 3.553M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 209908 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 809563 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 159908 | 0.175 |
40 | 1097073 | 0.170 |
24 | 823681 | 0.165 |
52 | 1654258 | 0.160 |
21 | 941016 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 679070 | 15 |
0.185 | 691460 | 18 |
0.190 | 826957 | 21 |
0.195 | 895645 | 19 |
0.200 | 1177218 | 32 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online