ARU 1.47% 17.3¢ arafura rare earths ltd

ARU Chart Thread, page-2645

  1. 942 Posts.
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    See all those millions worth of shares stacked on the buy side between 15c-16.5c? Those ain’t retail buyers. IMO it’s the instos putting up a wall to stop this from dropping, and are buying up shares around the SPP price, should retail holders sell at those levels.

    Why do I believe this? Over the last few month, every time there was a positive ANN, millions of shares would stack up on the sell side, preventing the SP to rise. Funny how all of a sudden those millions of shares aren’t on the sell side now.

    Just a theory, and by no means accurate. But an observation I’ve made, and others have echoed over the last few months.

    Have comfort in the flip of shares stacking the buy side. Someone wants an easy in imo.


    Last edited by Sharesdude: Friday, 12:42
 
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Last
17.3¢
Change
0.003(1.47%)
Mkt cap ! $404.3M
Open High Low Value Volume
17.5¢ 18.0¢ 17.0¢ $461.5K 2.630M

Buyers (Bids)

No. Vol. Price($)
38 1190124 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 404597 33
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Last trade - 15.09pm 29/07/2024 (20 minute delay) ?
ARU (ASX) Chart
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