ARU 2.70% 18.0¢ arafura rare earths ltd

sell down, page-34

  1. 3,851 Posts.
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    While ARU marks time (like 99% of the junior resource sector) I have diverted funds to phosphate/fluorite/magnetite play MAK.........hopefully some of the ARU team are also there but haven't seen any familiar faces yet?

    ARU seems just too cheap now. But if there is a big C wave down commencing early March as some think (eg Dr Robert McHugh - www.technicalindicatorindex.com) that will be the time to buy, when people sell their shares in panic. I am keeping cash available for this possibility and will look to cash up remaining holdings in readiness (if possible) on the predicted bear rally over the next week.

    Some commentators are thinking that hyperinflation is on the horizon. If you look at the huge percentage increases in many items lately it is very concerning. Good for asset values eventually though, but not cash. I hear from Yellowcake that phosphate fertiliser is going up another 30% from next week in WA...........
 
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Last
18.0¢
Change
-0.005(2.70%)
Mkt cap ! $415.8M
Open High Low Value Volume
19.0¢ 19.0¢ 18.0¢ $163.3K 889.2K

Buyers (Bids)

No. Vol. Price($)
17 466057 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 515520 12
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
ARU (ASX) Chart
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