ARH 0.00% 0.5¢ australasian resources limited

Well I agree that ARH has some positive market sentiment...

  1. 210 Posts.
    Well I agree that ARH has some positive market sentiment finally. Comparing to FMG is a laugh... People keep doing it though.

    $5 is still unrealistic.... If I remember correctly the King report he recomends $5 share price once they are in production so what makes you think it will get there before then? What research have you got to back it up?

    Luckily my average price is $1.15 which was 11.5 cents when I bought them last year. I watched them go from a high of $2.30 odd after the consolidation only to drop to the $1 region again.

    There is alot of history here.

    I have been in ARH since the SHN days and things have gone well and turned abruptly for no reason before.
    For my position I will only be happy when and offtake agreement is signed and construction contracts are in place.

    In any case there is no way I would be buying at these levels.

    This is not downramping. I am just tryimg to caution some of the new comers.

    Cheers

 
watchlist Created with Sketch. Add ARH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.