Great to see the signs of strength and confidence in ARE as we're getting closer to final approvals and drilling.
Below is the Top 20 shareholders report as at 15th Jan 2018.
Below here is the most recent Top 20 update as at 13th of Feb, 2018.
Interesting to note that the majority of the buying last weak in the sell off was accumulated by the top 20 holders, with an increase of over 60m shares spread across the entire top 20 holders.
While the panic was happening in the market and ARE was sold down to 2c, the top 20 and insto's were crazily buying up anything they could under 3c.
Worth noting as well that HSBC more than doubled their holdings between reports as well.
Still can't believe how under the radar this is.
As always, just an opinion...
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Top 20 Shareholders continuing to accumulate
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 1050000 | 0.050 |
1 | 10437 | 0.048 |
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1 | 11950 | 0.042 |
Price($) | Vol. | No. |
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0.060 | 25500 | 1 |
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