ARU 2.86% 18.0¢ arafura rare earths ltd

Ann: Trading Halt, page-125

  1. 2,361 Posts.
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    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.
 
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18.0¢
Change
0.005(2.86%)
Mkt cap ! $415.8M
Open High Low Value Volume
17.5¢ 18.5¢ 17.5¢ $735.5K 4.111M

Buyers (Bids)

No. Vol. Price($)
6 369592 18.0¢
 

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Price($) Vol. No.
18.5¢ 929018 22
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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