ARU 0.00% 15.5¢ arafura rare earths ltd

big sell orders now 100k , page-19

  1. 2,413 Posts.
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    Norm, you should show more contol mate, your pet company, ie she, now down to 6.5c from a high of 54c over past 12 months, unfortunately also been smashed by the turmoil.

    CAUSE of turmoil, and loss of trillions of investment $$$$$$$'s world wide is of course the YANKS, big spending on the Iraqi war, then the SubPrime fiasco.

    This is going to cost many people, in many many ways, not only in $$$$'s. Arafura in the same boat as CMR, LYC and just look at FMG, sheeted badly, but all producing or near producing.

    The bottom line is ARAFURA RESOURCES have the inground resource and have the knowhow to get the finance, both the Chinese and the Japanese want in on this project, we need to hold firm and avoid any takeover plans which may or may not happen.

    People selling have been caught out by insufficient liquidity and of course MARGIN LOANS, more selling to come as have heard some bad stories of holders just having to sell to protect their other assets, like homes, mortgages etc etc and a change of lifestyles which have been way over the top.

    To those who can hold on please do, that would be great, this type of market always turns, maybe not this year but 2009 will be much better imo.

    Time will tell. Always does
 
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16.0¢ 16.0¢ 15.5¢ $199.1K 1.260M

Buyers (Bids)

No. Vol. Price($)
121 5092148 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 1634484 13
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