There has also been a correlation with the sector being well down overall and the NdPr pricing same.
Example yesterday the NdPr price pipped up 1% and we had a close on day high of 19c. Well today NdPr down 1.76% and down goes ARU sp.
Whilst most holders do not consider any such correlation relevant for reasons discussed and our full production timeline - offtakes in place - targeted debt financing near complete - future pricing will not be relevant to Beijing's pricing etc etc thus guaranteeing ARU success.
So no point for myself and many to be concerned of the manipulation or today's sp unless looking to add at opportunity presented. Only worry would be for a trader who timed their entry wrong.
Valuing ARU, page-110
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $418.9M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $420.9K | 2.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34451 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 3213407 | 16 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |