ARU 3.13% 16.5¢ arafura rare earths ltd

fyi - my narrative is to make money.protect my capital.lets look...

  1. 1,746 Posts.
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    fyi -
    my narrative is to make money.
    protect my capital.

    lets look at this CR and the SPP.
    16c to instos
    sell today at worst case - 17c - 6.25% return in a day. free money... get a free ride

    16c for the spp
    walk the sp down to say 14c.
    shake the tree and pick up the 16c shares at 14c.
    spp holders lose 12.5%

    lets not forget about the time it take to this process to occur.

    this is not the first or last time this will happen.

    I sold on the open. sad that i did as thought this was going up. i got it wrong.

    now i wait for a better set up.


 
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