Yep the investor scene has changed dramatically over the last 3/4 years, I'm a 'wary old dog' these days, accuse first ask questions later and do not hand over my money readily no matter how wonderful the presentations, or forward projections, are.
There is no doubt that the lockdowns of that past have added surplus retail cash into the ASX via a certain retail investor profile prepared to invest on fumes rather than tangible business returns. This has led to a flurry of companies to take advantage of siphoning monies away from the uninitiated.
I work this one the same as all other small cap spec stocks, trade them on small profit margins and hope you are in if they deliver.
ARU Price at posting:
16.0¢ Sentiment: Sell Disclosure: Held
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