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3.13%

15.5¢ arafura rare earths ltd

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Pelicanwest

533 Posts.

136

09/11/23

18:31

Post #: 70817171
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Originally posted by fromthebay: ↑

Will be an interesting lead up to 2024 I suspect now that we edge closer.

I get a tad excited when we start showing green for a few days even though I know the shorts with a 140M between 17.5 -70 cents call the shots at the moment. Only significant news can put them under any real pressure, todays stacking on the buy side could even be them sucking buyers in to purchase higher before they push it back down. When you have funds in excess of 30M to play with, you can play any game you like with us retailers.

What adds a little more interest as we approach 2024 is that we still have 72M ARUO shares that the company would love to have converted by Feb24 at 34cents to get a timely 25M in the coffers. Alot has to go right for that to happen when they are languishing at 1.4Cents. Nobody will convert them unless we get to 36 cents plus of course. That will be the goal no doubt and I am sure if the company can get these binding agreements sorted the fun and games will begin and the shorts will get busy doing what they do or getting on the bus and close out to realise their gains. Come on management you have 25M up for grabs, get the deals done!!

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I see red again. Green didn't last long.

ARU Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 15.5¢		Change -0.005(3.13%)		Mkt cap ! $381.9M

Open	High	Low	Value	Volume
16.0¢	16.0¢	15.5¢	$247.0K	1.579M

Buyers (Bids)

No.	Vol.	Price($)
30	422541	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	1415566	25

View Market Depth

No.	Vol.	Price($)
28	417388	0.155
86	2914600	0.150
28	2126442	0.145
41	1474449	0.140
12	907612	0.135

Price($)	Vol.	No.
0.160	1415566	25
0.165	1217912	39
0.170	919476	22
0.175	1251616	21
0.180	992534	23

Last trade - 14.53pm 12/09/2024 (20 minute delay)

ARU (ASX) Chart