Pretty obvious that Aussies lost faith into ARU. THis night is about the tenth time within the last couple of weeks where ARU is sold down at the ASX after Germany had bought it up before. This is even more impressive as the ASX is up 1.2% today. Could be NNZ's theory regarding margin calls but IMO such investors has already been washed out during the steep downmoves of the last weeks and in August.
What explanations do you have for the continuous sell-off in Australia? Have there been some sell-recommandations like the State One reco or has there something negative been said at the AGM?
Lenni
aussies dump arafura
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $130.2K | 835.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 4293771 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 463899 | 16 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |