I like to be contrarian to the sheep. The market got a little excited over Aussie rare earths (Labour stockpile plan and the US crap) and I would not be surprised if simply the sheer latitude in the recent northerly move of the share price because Australian Rare Earths Limited one of the results from investor google searches. A complete overlook on the outstanding entitlement settlement by those new "sheep" who paid as high as $0.13 only a week ago, and somewhat predictably now a load of pre-existing (sheep) holders who got their shares, and then clambered over each other to lock in some quick profits.
I am happily buying here (but then I sold a good bit of stock at $0.125). The order flow will abate and if people want to take $0.002 cents profit, more fool them.
Finance Academia says investors should not be this predictable, but sadly they are in micro-caps:
Another public realisation by the Orange genius and co. on the massive praseodymium, neodymium, dysprosium and terbium deficits the US (and others) face, and AR3 share price will likely head northward again.
AR3 Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
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