Manipulation and accumulation continues
After the stunning announcements of recent weeks and the price reaching AUD0.58 in the USA
there has been a very aggressive attempt to supress the price.
I have invested in hundreds of mining stocks since 2000 and have never seen a stock so irrationally mispriced. This is potentially the biggest cleanest and metallurgically elegant REE miner in the world.
The reporting of short positions is very delayed in the USA
29.2.24 ARRNF 3.612Mill
29.2.24 AMRRY 1.198Mill
6.3.24 ASX 0.799mill
13.3.24 ASX 0.300Mill re daily gross shorts est
I am unsure what numbers of shorts have been closed or added to cumulative shorts since these dates but if
these out of date figures still apply then we are heading towards 2% of the capital being shorted
which is significant. It is scandalous that modern online exchanges cannot provide real time short positions.
It is also scandalous that large players can buy heavily during the day and crunch the price near the close of trading and that they can stack the bids and sells to suit their strategy.
Spotlight on American Rare Earths, page-3591
-
- There are more pages in this discussion • 1,140 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
-0.015(5.36%) |
Mkt cap ! $133.4M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.3¢ | $44.17K | 165.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 183307 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 10345 | 4 |
View Market Depth
| Last trade - 13.11pm 06/09/2024 (20 minute delay) ? |
| ARR (ASX) Chart |