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ARU

3.03%

16.0¢ arafura rare earths ltd

ARU Chart Thread, page-1747

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mattyman174

222 Posts.

121

25/07/23

11:55

Post #: 68966055
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Originally posted by VictoriaCoast: ↑

"SP back to last year October, last CR at 37c, such a joke"
--------------------
It happens to many good stocks - they go up and down, some more some less, some more often some less often, but they all do.

Look at the bright side:

We have a great and unique project *here* in Australia (not somewhere in Africa, which can sometimes be problematic), good fundamentals, good management, huge demand for the product, once completed it will be the only one such facility in Australia and one of very few in the world outside China, which means very good and secure business for years to come, don't you think?

Not to mention that Gina Rinehart's team must have conducted proper due diligence studies and looked at Nolans from every possible angle *before* recommending to Gina to invest AUD 40 million or thereabouts, if I recall correctly....

I can't speak for other share holders but I am here for the long haul - just need to be patient and stop looking every single day at the computer screen to check where the share price is.

It will happen, these things take time, stay positive.
(When the share price goes down, it is also good opportunity to top-up.)

Cheers

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In my opinion the only reason you should be checking this stock price is whether or not its lower so you can buy more!

As you have pointed out, the fundamentals for this company are fantastic, it simply requires time and patience.

Checking the SP every day will make your head spin!

ARU Price at posting: 30.3¢ Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

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