ARU 4.55% 17.3¢ arafura rare earths ltd

Ann: GE Media Release, page-26

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  1. 698 Posts.
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    If you want some insight on what will happen on a day to day in Australia do yourself a favor and keep an eye on the S&P500. The sentiment is usually transposed on Australian stocks 70% of the time despite us being more aligned with China in the resources sector. As for Buys vs Sells without looking its likely these buyers are retail as its too early for the larger instos to want a major piece yet. That will likely come post funding or binding offtake. So that means retail investors are undervaluing the stock and trying to buy low. ARU has been incredibly resistant to market sentiment and we should count ourselves lucky when most "speccy" stocks are taking a nose dive. We are unlikely to see major movement without cash or product in hand and the corresponding relaxing of interest rates pending US CPI data.
 
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