ARI 4.55% 2.3¢ arika resources limited

Ann: Additional Gold Mineralisation Confirmed at Kookynie, page-20

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  1. 1,887 Posts.
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    I think there would be a few who are simply swapping out their existing shares to possibly buy them back for the rights issue, whilst crystallizing a loss (and get a free option).

    There was ample opportunity for people to get out a few weeks back at higher prices, I think most are more than content to hold/buy at these levels given today’s announcement and upcoming exploration.

    Great moving using the soph raise to fund immediate exploration, as I reckon the team have now increased the likelihood of a decent subscription to this rights issue exponentially.



    Cheyne

 
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No. Vol. Price($)
1 131170 2.3¢
 

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Price($) Vol. No.
2.4¢ 181849 3
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