If there was market manipulation people would be going to jail. i dont see anyone going to jail for manipulating aru.
FYI low volumes are occurring because there is very little buying or selling pressure.
The BOD's issued shares as 16c just recently. They are the ones that saw fit to value aru at a 15.8% discount. The market agreed with this valuation.
Now the bigger question is at what price will the cornerstone equity raise occur at?
I forecast at least a 15% discount to the last discount. 13.5c???
Who benefits from Low ARU SP? Directors or Equity, page-13
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Last
17.8¢ |
Change
-0.003(1.39%) |
Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $296.4K | 1.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 802487 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1928596 | 45 |
View Market Depth
| Last trade - 15.33pm 11/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |