Bradley,
I believe the real problem is not a negative event, as there will always be negative events. It’s the pure manipulation. It’s prob en here on ARU.
You can always find a negative event, and as shown with ARU, the board bounced from one negative event to the next with no genuine understanding, or rational reasoning to why they were shorting…hell, at one stage they blamed the NdPr prices which decoupled from the ARU share price back in April.
The thing is, companies are not perfect, and will at times have hard times keeping to timelines etc. but that does not mean that ASX and ASIC who fail to regulate should allow market manipulation to punish these companies to almost death….
It’s like death by 1000 cuts for any little mistake or delay… that’s not a genuine way to run a countries growing assets for future wealth of its people.
In our case, and what I have seen across the ASX, it’s greed, corruption, and manipulation. Then you have the senior management that are scared to speak out in fear of their future careers…
In my view, it’s time for regulators to begin to regulate. The market manipulation based on an excuse is not conducive to orderly markets. The punishment (of shorting a company into failure) as some describe is ok, should not be death, particularly given the decades of work and untold amounts of investment that the general public and interested parties have laid down.
- Forums
- ASX - By Stock
- ARU
- Ann: Trading Halt
Ann: Trading Halt, page-125
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $357.3M |
Open | High | Low | Value | Volume |
14.5¢ | 14.8¢ | 14.5¢ | $71.92K | 492.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
71 | 2340404 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 698838 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
67 | 2324390 | 0.145 |
59 | 2504854 | 0.140 |
26 | 1767337 | 0.135 |
22 | 1493533 | 0.130 |
14 | 1498007 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 698838 | 29 |
0.155 | 1192673 | 11 |
0.160 | 1977749 | 21 |
0.165 | 1603423 | 20 |
0.170 | 1986356 | 24 |
Last trade - 11.14am 05/11/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |