ARU 2.63% 18.5¢ arafura rare earths ltd

the market, page-9

  1. 13,363 Posts.
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    ANZ seem to like ARU....

    Annual report 2007
    ANZ Nominees Ltd 48,733,687 39.59%

    Latest
    ANZ NOM LTD 61,872,281 42.75%


    Look at the exposures of Oceanic and you may get the impression the problem is with Oceanic, not ARU.
    http://www.oceanicasset.com.au/pdfs/OAM_October_2007_Quarterly_Report.pdf
    Look at the performance tables on page 6...
    http://www.oceanicasset.com.au/pdfs/OAM_January_2008_Quarterly_Report.pdf

    Damn I am on a mission here!...ARU is seemingly a no brainer project, b'all debt, cash on hand and bright prospects. I am going to find out what the hell is going on.

    ANZ increase holdings by 13.1m shares since the 2007 annual report in the same time Oceanic is reducing....

    Someone knows something and I suspect Oceanic are simply reducing exposure due to the market downturn and their heavy exposure to spec stocks. They have taken a pounding...what (if any) exposure did they have to Opes and Lift?

    I think the trouble is with Oceanic...ARU just happened to be in the firing line. I may be way off the mark as well, but let's see what uncovers. ANZ aren't my favourites atm but they seem to love ARU.

 
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Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $427.4M
Open High Low Value Volume
19.0¢ 19.5¢ 18.5¢ $566.5K 3.001M

Buyers (Bids)

No. Vol. Price($)
45 1372471 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 150199 4
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
ARU (ASX) Chart
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