HI fgarius,
no amount of holding back will change the direction of the share price , there is simply just way too many shares out there.
Arafura will have a FID by June, then the share price will go to 20-30 cents within days of announcement , then they will water down the shares lets say 20 for 1 offer, that will make the share price $4 - 6 dollars in line with lynas..
the key here is to buy large volume before the above takes place.
Looking strong, page-25
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $208.3K | 1.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 1533397 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 568435 | 10 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |