aru market announcements following Gina's buy in
- new lead negotiator appointed
- greenhouse emissions accounting stuff
has annoucements in the same time frame post twiggys buy in
- 25% increase in ore reserves
- $220 million increase in NAIF
My explanation is the market is nothing more than a conglomeration of entirely irrationaly human beings who tend to choose to reinforce their own biases rather than remain rational and look for value as best they can. I act on this basis. your sweeping statements about companies selling out shareholders leading to share price falls and your subsequent reference to an aru/has as being apples and oranges when pushed on it I think is part of this phenomenon.
If you can find another Australian rare earths developer, at a similar stage of development, who has recently had a high profile billionaire buy in at a similar magnetude I'm all ears. Until then I think the comparison is apt.
i hold both but am currently buying has as it is far better value
At current prices.
(20min delay)