There have been large volumes in the USA for several days Last night ARRNF trades were 2460171 which is 6 times the average daily volume The daily price range is shown as 0.195 to 0.35 0.35 equals AUD 52.5 I can only see a small proportion of sales and there's no VWAP so I dont know the average price. Shorts went up a bit on 14.6.24 - Nothing appreciable. There's no up to date reporting of shorts so they could be higher atm. I believe there is suppressive trading in ARR in the USA. Sophisticated traders will be manipulating both markets.
The resignation of 2 directors in quick succession is highly suspicious. I am surprised by Paul Zink going as he was with Rare Earth Elements and must have been instrumental in securing their large Federal and Wyoming State grants. Perhaps there is some clearing of the decks in anticipation of a significant event. Perhaps it is a takeover or merger or another event where the 2 resigning directors have a conflict of interest.
ARR Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
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