ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

How long can you hold on?

  1. 235 Posts.
    lightbulb Created with Sketch. 30
    The suspension is killing me.
    I'm checking the price all day long.
    When do you pull the pin? 30% loss, 50% loss 80%loss

    I read the posts from the experienced holders in ARI like Fitnfam, Beardy, Randymac and they fill me with hope of a turnaround so I hold on hoping that what I thought was a cheap entry price for a good company will soon head green.

    But ... are we simply at the mercy of a large financial investment firm who has links to a specific short selling team, media arm and financial advisors.

    Who was it that bought 6,000,000 shares last week in a special cross trade?
    Why were we and the ASX not informed that a substantial shareholder even existed? Then sold out to just below the 5% threshold.
    I tried to ring Steve Ashe about this but he hasn't returned my call!!!

    I suppose we did get plenty of warning, everyone I have spoken to about my holding in ARI has said " why would you invest in that company"- to which I reply I don't really know anymore, turned out to be a bummer.
 
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Currently unlisted public company.

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