ARU 0.00% 17.5¢ arafura rare earths ltd

nothing to fear, page-11

  1. 4,542 Posts.
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    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.
 
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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
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ARU (ASX) Chart
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