ARR 10.7% 25.0¢ american rare earths limited

ASX shorts have decressed 24th April (0.33% 1.6m) last I checked...

  1. 458 Posts.
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    ASX shorts have decressed 24th April (0.33% 1.6m) last I checked was (0.38% 1.8m). Might be wrong, take thosse figures with a grain of salt, memory is a bit foggy atm. Would expect shorts to decrease throughout May re SPAC/rejection news. Still though, negligable excluding US shorts which are higher but is to be expected given the huge increase in volume over the last three months in OTC trading. For comparison, ARU is the 16th most shorted ASX co at 6.82%... For the life of me I just can't seem to figure it out why. Surely it has nothing to do with Nolans requiring a $130kg NdPrO to breakeven. Truly boggles the mind why Albo pumped $840m into a black hole. Our pollies must be very bullish on the long term outlook, what info are they privy to that the industry isn't? Probably... NOTHING! confused.png
    https://stocktrack.com.au/asx/arr
    https://stocktrack.com.au/asx/aru
 
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25.0¢
Change
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26.5¢ 27.5¢ 25.0¢ $196.4K 756.8K

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15 666037 25.0¢
 

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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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