Seems like a rather certain and known statement in the title for a rather unknown and guessing post. Your inferences and assumptions are quite amazing.
Really people's, ARU has gone up 100's of % in a few months; some profit taking is expected and rational, it's just the herd mentality and the amazing doom & gloom assumptions that follows, that are most interesting.
The REE story has been developing for years and won't be solved overnight. It's a bit too hot at the moment and a bit of reality will do some long term good.
If ARU is dead, then those with rock-chips and a handful of drill holes will have to move on to the next hot resource. I wonder if they will revert back to U-exploration now that a short term rise in U3O8 has occurred? UBoom2?
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ARU
arafura rare earths ltd
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21.5¢

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Last
21.5¢ |
Change
0.010(4.88%) |
Mkt cap ! $505.1M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $557.9K | 2.646M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 438185 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 135731 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 329989 | 0.210 |
17 | 1291217 | 0.205 |
48 | 1981242 | 0.200 |
24 | 1283440 | 0.195 |
24 | 1198911 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 598585 | 18 |
0.220 | 2872880 | 47 |
0.225 | 1263561 | 17 |
0.230 | 1036181 | 24 |
0.235 | 342566 | 15 |
Last trade - 10.16am 18/07/2025 (20 minute delay) ? |
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ARU (ASX) Chart |