ARU 2.86% 17.0¢ arafura rare earths ltd

thatll do it, page-2

  1. 1,258 Posts.
    this is a slap in the face of ARU management. The new "sophisticated" investor sold 4.4mln shares with a loss of 800,000A$ only 4 months after the placement. This scares away potential investors and nobody knows if and when Oceanic is going to sell the rest of its position ... still 7.7mln shares to go...this is another disappointment that ARU management has not been able to find a decent long-term investor.

    Lenni
 
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