AAJ 13.3% 1.3¢ aruma resources limited

Ann: Full Year Statutory Accounts, page-2

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  1. 12,908 Posts.
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    Interesting apart from the solid financial position , COH approaching $4 million , exceptional basket of drill ready exploration tenements , and of course approximately $1.6 million in R&D rebates being set to be returned over the exploration spending cycle due it's application of a ' very specific mineralisation model ' .

    Not much more to say except to repeat what the Managing Director mentioned in having the ' Right Rocks ' , ' the Right Area ' the Right Structure ' ' the Right Projects ' , ' the Right People ' , ' the Right Model , ' The Right level of Cash ' , and ' the Right Investors '


    Speaking of the ' Right Investor's ' - if we review the Annual Report - what sort of Investor would acquire his holdings in 5 Separate Entity ' Vehicles ' as per the below reconciliation of the Top 20 entities which can be found to ALL be associated with the Copulos Group.

    One would have to assume that one reason for this structure is the very possible fact of what Aruma could possibly offer from a ' Capital Gains ' point of view going forwards , because it certainly is less likely that AAJ would ever pay a ' Fully Franked ' Dividend. So it has to be about the potential ' Losses ' that these separate entities may indeed be carrying on their own books.

    Irrespective of this point , it would seem quite unusual indeed. Especially when you know that Copulos Super is obviously a ' Superannuation ' account and as such more likely to have longer term investment horizon. What then do you make of the Spacetime account which holds the exact same amount..... sneaky.png Is this also a ' Superannuation ' governed account , or just one which he can move ' in and out ' of the Super Holdings Entity. In addition to this , there seems a rather ' conscious ' effort in approximating the other 3 entities with almost the equivalent in holding balances.

    So for me , it looks very much like this Investor expects BIGGER things from this Companies share price because an obvious structure seems well established and now in place. And these are the sorts of patterns investors should follow and question. I would especially think this the case with the FIRST drilling campaign suggested to be as early as this month ( October ) .

    Brace yourselves folk's as I reckon this stock is very very close to being the next one to ' Fly ' , and re-rate to new highs.


    Copulos Group held 118,833,329 or 10.43% based on the total SOI of 1,139,413,903.

    Eyeon Investments Pty Ltd 29,666,660 or 2.60 %
    Eyeon No2 Pty Ltd 27,666,667 or 2.43 %
    Citywest Corp Pty Ltd 24,833,334 or 2.18 %
    Copulos Superannuation Pty Ltd 18,333,334 or 1.61 %
    Spacetime Pty Ltd 18,333,334 or 1.61 %
    ---------------
    118, 833,329
    -----------------
 
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Last
1.3¢
Change
-0.002(13.3%)
Mkt cap ! $2.886M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $14.26K 1.041M

Buyers (Bids)

No. Vol. Price($)
4 391000 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 300000 1
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