ARU 3.75% 19.3¢ arafura rare earths ltd

Ann: Trading Halt, page-131

  1. 221 Posts.
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    Hard to guess. If we wouldn’t have the volatility in the markets right now (banking, recession-maybe-maybe-not, inflation, you name it) I would say we easily go beyond the high of February (68 cents or 70) within a two days step.

    buying spree from the non-believers and closing of short-positions will shift it the first 20% from .48 to .58 and then up to .69/.70.

    i don’t know the details of the deal, so it has to be convincing! Otherwise we will see a quick tick upwards to 0,58-.60 with a profit taking in the days after the announcement and then?

    all guessing.

    it sad that the current friction between china and the rest of the world actually will be very positive for our share price. But I guess that’s the way it will be.
 
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