ARH 0.00% 0.5¢ australasian resources limited

what is going on

  1. 299 Posts.
    Over 9 million shares traded and the price has dropped to 10 cents.

    I couldnt give a fukcing rats bottom what the share price was 12 months ago. That is history.

    It did not have a resource of 958 million tonnes , PP or potentially the Chinese 12 months ago.
    CITIC HAD NOT PAID THE MAN $215 MILLION FOR THE RIGHT BACK THEN.
    It is not the same company it was 12 months ago.

    The market is severely punishing this stock big time and with it's undoubted potential i cannot understand this level of dumping.

    Patience is required but i do not like to see this level of dumping.

    Could be a very good time to see some of the directors part with some meaningful readies and buy some more stock. If they can buy at 19.5 cents they should be scrambling to buy at 48.5% below that level.
 
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