When this question was posed to management. The response was they are doing the same to all the potential/ in production RE’s companies-ASM, LYC, HAS and ARU. So, while we consider conspiracy theories, they are getting on with the job.
Where are you getting ‘a big if’ from? I have not read or seen anything that suggests this is the case. In fact everything points towards finalising this calendar year, and if they knew anything outside of this, then they would legally have to disclose to the ASX.
Logic suggests - based on the shorting. That share price decline is not an indication on the companies progress. So, I wouldn’t be getting caught up with looking at share price as guide to what is happening in the background.
Very few are selling (apart from the shorters), in fact many are accumulating, so if they move it further south. More will take the opportunity to buy. This is all my very positive view on this stock.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $381.9M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 14.5¢ | $358.5K | 2.359M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 346248 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 478392 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 234107 | 0.150 |
37 | 1802241 | 0.145 |
42 | 2061769 | 0.140 |
23 | 1703808 | 0.135 |
20 | 1447294 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 261906 | 6 |
0.160 | 1852677 | 18 |
0.165 | 1603423 | 20 |
0.170 | 1795784 | 21 |
0.175 | 1768131 | 21 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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ARU (ASX) Chart |