ARU 6.76% 19.8¢ arafura rare earths ltd

Hi Folks,after the first frustration I am a bit more confident...

  1. 49 Posts.
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    Hi Folks,

    after the first frustration I am a bit more confident now. Yesterday's trading ist remarkable. I mean, 15% plus (up to 25% intraday) after the anouncement of the traditional "let's destroy momentum and smash shareprice" -CR by the management, it's a reaction that we have never seen in the history of this company! That really shows significant interest to be holder of ARU shares.

    And like someone said (I think it was dangar), it makes no sense to buy in at 11.5 cents in order to get add. 35% for 8.5 cents which is an average of 10.7 cents per share, if you intend to sell at 10 cents or below. So, the buyers really want to be in -and hold.
    Of course, the dilution is massive and will affect our run towards 20 cents and above in some way but it won't stop it.

    Btw, if the participation is high, talaxis won't get their 8%. What will they do in this case? Buy in the market?

    Nice weekend to all
    Last edited by Pibe: 22/06/19
 
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Last
19.8¢
Change
0.013(6.76%)
Mkt cap ! $456.2M
Open High Low Value Volume
19.5¢ 20.5¢ 19.3¢ $2.201M 11.12M

Buyers (Bids)

No. Vol. Price($)
23 767727 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1258365 32
View Market Depth
Last trade - 11.35am 15/05/2024 (20 minute delay) ?
Last
19.5¢
  Change
0.013 ( 4.73 %)
Open High Low Volume
20.0¢ 20.5¢ 19.5¢ 4090416
Last updated 11.57am 15/05/2024 ?
ARU (ASX) Chart
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