ARU 3.70% 13.0¢ arafura rare earths ltd

you can't take the 180k seller just out because this order is a...

  1. 1,258 Posts.
    you can't take the 180k seller just out because this order is a capper. Typical pattern when someone want shares beneath a certan price. They cap it and collect the shares below the capper. We can only pray that ARU has an effective anti-takeover strategy. At the last AGM 16 mln shares would have made over 50% of total votes. With over 50% unidentified o/s and with the deep pocket Chinese likely to defend their monopoly an anti-takeover strategy isn't the worst idea. The Chinese spend billions for Aussie IO-companies and have already tried to take over Mountain Pass. Don't you think they may spend 100mln A$ in order to defend their REE monopoly? Would be a smart move by the Chinese.

    Lenni
 
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Last
13.0¢
Change
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Mkt cap ! $320.3M
Open High Low Value Volume
13.5¢ 14.0¢ 12.5¢ $941.5K 7.135M

Buyers (Bids)

No. Vol. Price($)
43 2345206 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 586330 12
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