I feel you could be right Banana. Having said that the past 14 months shows what they can do with their arsenal.
Equity is needed - lots of it and this appears to be directed to prevent substantial raising at fair value - minimal dilution. It smacks of anti Lynas tactics unfortunately. Seriously hard to fathom the Nolan's project so advanced - all approvals - shovel ready and now the Aus federal Gov backing is being attacked by shorts and destroying fair value!
China will not ban RE exports - in fact they still have 10% discount tarriff attached to such. Other critical minerals they have banned or restricted exports - RE only the processing/refining tech bans. Anyway they are clearly losing their grip on RE supply - who knows perhaps they will do an about face and turn prices substantially upwards and make hay. You reckon it's tough for Lynas over many years and now ARU'S turn - what chance do other projects have,
The only way this can be addressed is a blanket ban of shorting on critical minerals companies in National Security interests for a 3 year period. Just how good are the likes of Lynas and their backers to prevail all and sundry and similar with Syrah and their Australian Super backing just to name a couple.
- Forums
- ASX - By Stock
- ARU
- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-25
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $320.3M |
Open | High | Low | Value | Volume |
13.0¢ | 13.8¢ | 12.8¢ | $1.205M | 9.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 110000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 456260 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 110000 | 0.130 |
54 | 2864461 | 0.125 |
56 | 2290702 | 0.120 |
31 | 1719221 | 0.115 |
24 | 1274032 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 456260 | 12 |
0.140 | 635545 | 15 |
0.145 | 730951 | 14 |
0.150 | 3233879 | 15 |
0.155 | 603716 | 13 |
Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |