To think management attempted to suggest that ARU price moves with NdPr price - I heard this from them only last week…
The NdPr price has gone up 20% while we went down 20%, and there was another period of 6months period we also decoupled in the opposite direction. from this price as well - there view is if it fits the narrative use it…
The real answer sits with the manipulation/ shorting, and also support they offered shorters with the 120m shares and poorly timed capital raises due to failed budgeting.
The sad part, is when we get stitched up again, they get rewarded. That chart doesn’t show dilution impact… the hidden decouple.
Arafura Rare Earths Ltd, page-1181
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $443.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $1.087M | 6.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200375 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 787496 | 25 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |