ARU 2.94% 17.5¢ arafura rare earths ltd

Ann: Capital Injection update , page-76

  1. 1,160 Posts.
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    Lol conspiracy theories abound. However it is nothing more than the S&P indices quarterly rebalance which happens on the 3rd Friday of March, June, September, December. The smart money trades the rebalance where possible.

    Ref announcement on 7/9 - ARU was booted out of the ASX300 on Friday 21/9. Check out the others that were also kicked out of the ASX300 - all but 1 had volume spikes, 5 dropped up to 11%, 2 finished even and 1 gained 4%.

    ABR, CLR, GOR, KRL, MMX, TGR, WEC
 
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