what do you expect? ARU hasn't had significant news for a long term now. The PFS that was perceived negative was the kick-off for the sell-down and since then no real news has been released. The last resource update was in Nov2005, pilot-plant again seems to be behind schedule, no news upon financing and/or potential Jv-partners and one of the biggest shareholders sold about 1.5 mln shares and there seems to be limited support by bigger shareholders.
This mix doesn't really spur investors interest but on the other hand (bigger) shareholders might be forced to sell for different reasons. If this selling pressure meet the weak demand you will see down-moves like the last 2 days when we tanked 14%.
Don't know how long we have to wait for substantial news but they will come and we will see better times ahead.
Lenni
sell down, page-8
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19.0¢ |
Change
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Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 30000 | 1 |
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