ARI 0.00% 2.8¢ arika resources limited

takeover by noble group, page-40

  1. 5,813 Posts.
    amazingly 6month ago ARI paid 3c divie and sp. rallied close to $1.40.
    Was all good.
    Now ARI paid 3c again, but the "Bad" was picked in ARI for lower io price and debt.
    ARI is now still sitting on a 10% return yield and not many companies pay a divie at all.
    Shorters had it to easy to smash ARI down to 50c.
    Thanks God to the Noble Group that kicked in against brutal short selling.
 
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