ARU 1.35% 18.3¢ arafura rare earths ltd

Job done. Took them all week but looking to close out at the...

  1. 6,233 Posts.
    lightbulb Created with Sketch. 1551
    Job done. Took them all week but looking to close out at the week low. Right on cue late Friday now watch them eat into that big 18c sell list with exact same tactics they have used for over a year = bot trading between themselves. All this in turn makes it harder every passing week for our management to raise equity with minimal dilution - the fact the sp can not hold any gains to springboard off to higher sp on that ever - well never actually - long awaited FID.


    Who? and When? well it's pretty obvious when and who arrived just prior.

    They have made an absolute motza aided by ARU delays and missed timelines that were never going to be achieved and the insto shorting new of such with their finger well and truly in the pie since Dec 22 and basically have acquired all their shares for free and added more with this strategy over 12+ months in which no other stock short position over 12 months shows clearly the strategy - dumps - load up - dump and repeat 3 times with 4th arriving soon.

    Question is when will it stop? Or indeed will it stop? They don't become the wealthiest by chance - more like assisted wealth growth.
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
18.3¢
Change
-0.003(1.35%)
Mkt cap ! $421.6M
Open High Low Value Volume
19.0¢ 19.0¢ 18.0¢ $70.90K 379.6K

Buyers (Bids)

No. Vol. Price($)
31 887860 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 411029 15
View Market Depth
Last trade - 10.43am 03/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.