ARH australasian resources limited

Where in a market downturn here mate and ARH has been on the...

  1. 1,490 Posts.
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    Where in a market downturn here mate and ARH has been on the nose for a while.

    In market downturns people want clarity, transparency and some degree of certainty regarding a companies direction.

    This stock is purely at the whim of Palmer, our 66% shareholder and owner of all the other tonnes.

    This is going to meander for months until there is certainty and people can fairly evaluate the validity of the notional $2.20 conversion price.

    I sincerely hope we are not suspended for months like last time.

    It is a mongrel of a stock.

    And to think i almost sold these at $2.62 but listened to the $3 hype.

    Only myself to blame.


    Some of the holders on here who savaged anyone that had a constructive but realistic view of some of this companies actions should hang there heads in shame.

 
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