Australia's largest stock trading and investment forum Australia's #1 stock forum

ARU

Click for more information

2.56%

19.0¢ arafura rare earths ltd

In line with my comments yesterday, obviously there was an error...

First 563 Last

Share
Profile

Follow
Birchcorp

2,235 Posts.

1388

05/04/24

12:10

Post #: 73205193
Share

Originally posted by Birchcorp: ↑

The shorters are doing their best to keep a lid on things but at the same time, have no faith in their short position. Who buys back 7M shares if you didn’t want an orderly exit, or have an intention to drive the price down further?

Importantly, Can anyone explain how you can buy back 7M shares in one day, when total volume traded on the day in question being the 26th was only 1.3M?

That’s probably equal to every share purchased on this day, if you include all markets, considering the stock Price stayed exactly the same on the 26th, as it did on the 25th. Note; this is T+4.

Either poor reporting or the ASX have some legal issues?

Im not sure why we have to have this conversation, ASIC and ASX are clearly asleep.

Expand

In line with my comments yesterday, obviously there was an error or someone realised we are not that stupid…

Again, we see an impossible statistic whereby this volume of shorts exceeds the daily traded shares - up by 7M.

We have to shake our head with regards to the reporting?

The ASX/ASIC is a circus?!?

Last edited by Birchcorp: 05/04/24

ARU Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 28 more messages in this thread...

First 563 Last

Add ARU (ASX) to my watchlist

(20min delay)
Last 19.0¢		Change -0.005(2.56%)		Mkt cap ! $438.9M

Open	High	Low	Value	Volume
19.5¢	20.0¢	19.0¢	$573.2K	2.969M

Buyers (Bids)

No.	Vol.	Price($)
44	2139101	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
19.5¢	639688	13

View Market Depth

No.	Vol.	Price($)
43	2136470	0.190
59	2619292	0.185
81	3053513	0.180
32	983564	0.175
26	921881	0.170

Price($)	Vol.	No.
0.195	639688	13
0.200	350448	8
0.205	1103061	15
0.210	1361713	24
0.215	1013452	14

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 19.0¢			Change -0.005 ( 2.56 %)
Open	High		Low	Volume
19.8¢	19.8¢		19.0¢	1514973
Last updated 15.59pm 02/05/2024 ?

ARU (ASX) Chart