Lenni I 100% agree. And I also do not understand TCG and others closing their eyes in front of the facts.
In addition I now realized that ARU was downgraded by my bank - it is a big international bank (UBS).
Downgrading here means: In the past for the ARU shares you could get 60% of the SP using them for a Lombard credit (collateral loan business). Now it is only 40%. They just told me the reason for it is the development of the SP during the last year. It is not because of fundamental changes and it was not a generic measure because of the current credit crisis.
It already took place about two months ago - so there will be no additional selling pressure because of additional margin calls.
today is a sad day, page-8
-
- There are more pages in this discussion • 14 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 ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.3¢ |
Change
0.003(1.56%) |
Mkt cap ! $400.4M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 16.0¢ | $292.5K | 1.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 415162 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 2312083 | 55 |
View Market Depth
| Last trade - 14.13pm 13/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |