told ya this was an easy play to make $$$$ And it all started when ARU announced a SPP with a record weeks in advance.
My intial outlay?? $270 approx on each HIN
My current return (at market price today) $25,000, of which approx $11,000 is profit.
now with the U announcement, if the Issue price is around 20c per shares, expect a 50c conservative opening price.... or a further 150% return
so from going from $270 initial SPP play , these suckers could end up being valued at around $60,000
Outcome: NOW that they have announced that they r going to possibly float the U arm side of things, i will NOT sell any of my SPP shares....reason being is that OTHEr people in the near term (day traders) will want to get in on the stock to get PRIORITY on the float..hense short term, pushing the price of the ARU shares, which inreturn increases my return on my SPP play :)
win win situation on ALL my 3 HIN's
*wink**
:)
Refer below what i posted the other day
****************
Subject re: spin-off - could be great news
Stock Code ARU - ARAFURA RESOURCES NL
Posted 26/04/06 10:33:55 AM - 234 reads
Posted by INSIDER`INFO
IP 211.28.xxx.xxx
Post #1026081 - in reply to msg. #1026021 - splitview
Dear All,
As u know I bought 3 measly hits on 3 HINS with regards to the SPP all for approx a few hundred dollars each.
At current price of 56c, each HIN will return me approx 75% (or possibly around $12,000 profit after the scale back).
Now if they were to spin offf the Uranim arm, well the risk V reward play (like i did with the spp) would mean I (we) stand to make a even great return on the shares we own.
I wouldnt be surprise if the Uranoum arm issue price is around 20c and floats on market ar say 50c.
Giving us a further 150% return.
Together with the already 75% return, this few hundred initial outlay is getting better by the day:)
Best regards
INSIDER
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- ann....new uranium company..big news
told ya this was an easy play to make $$$$ And it all started...
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