ARU 3.03% 16.0¢ arafura rare earths ltd

ARU Chart Thread, page-1569

  1. 6,421 Posts.
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    And again today I suspect Birchcorp on the again higher volumes. 4 Days ago the short position dropped again slightly to 2.68% from highs of 2.9% nearabouts - no probs for me. If this was a stinker then those in the know would pile in on the short position which still hovers around 60 million - pretty low on 2.1 billion - it may still happen if finance delayed. Check out short position next week when figures catch up on these 3 million a day number - I will expect the overall short position number does not reflect a rise of 3 million a day - that number is daily both ways shorting - buyers and sellers

    To me it's copybook LASSONDE curve - INSTO'S positioning themselves at the bottom of the curve as explained very easily in Lassonde curve - aided by ECE exit (exceptional opportunity at such a time) and retail selling.

    Best wishes to your accumulating strategy - I'm full as a boot like the insto's. It's pretty anxious times - will we - wont we get that final offtake - finance in coming weeks now that ECE are now perhaps gone. It will arrive in due course whether a few weeks or few months but obviously the sooner the better.
 
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Last
16.0¢
Change
-0.005(3.03%)
Mkt cap ! $394.2M
Open High Low Value Volume
16.5¢ 16.8¢ 16.0¢ $607.2K 3.725M

Buyers (Bids)

No. Vol. Price($)
62 1730596 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 226915 8
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
ARU (ASX) Chart
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