Will back up the earlier statement with this post by rich_adonis, earlier today
Quote
understand from the company that they are likely to be allocating on Wednesday of next week, the last day they are allowed, within the 10 business day rule..
spent a few days weeding out multiple applications according to the CFO.......CFO talks about 1,200 or so applications, with a very small scale back....assume something like 10-12% would be in the range...
strong off market buying should keep the price up, and when any spp stock is flogged, provides great opportunity for the smart ones to buy more..
go the aru
Unquote
For the benefit of HC members pirra96 does hold a very large portfolio of ARU/ARUO in names of 3 different entities. These entities were in place long before the SSPP. Draw your own conclusions from this statement
price next week?, page-12
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $392.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $1.087M | 6.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29410 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 934084 | 20 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |