ARU 0.00% 13.0¢ arafura rare earths ltd

The question you can genuinely now ask, is did management want a...

  1. 2,754 Posts.
    lightbulb Created with Sketch. 1936
    The question you can genuinely now ask, is did management want a higher SP? I don’t think so.

    Based on actions, of them helping out the shorters, and giving them more ammunition.

    Management have no interest in increasing the SP, in fact a higher SP is at odds with their interest. The lower the SP, the easier the job to get equity partners, the easier it is to reach their milestones, the more likely the new equity partners will support them with votes when they go to the AGM asking for their bonus share package.

    Gavin Lockyer and Co. would at least feel validated now. Ie they could not say what was happening… due to future job opportunities, but as you can see, I have no links to any of them - so can say what I believe they know.

    Until, someone can give us a reasonable excuse for the current manipulation and orchestration. The CFO, CEO and Chair need to explain publicly why they have let us retail shareholders down.

    Hey, but today, they will blame the world markets… I recall them taking that approach with the NdPr pricing for a year or so, overlooking the shorting records.

    A management that fails to factor in cycles.. it gets even better!

    Last edited by Birchcorp: 05/08/24
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $320.3M
Open High Low Value Volume
13.0¢ 13.8¢ 12.8¢ $1.205M 9.165M

Buyers (Bids)

No. Vol. Price($)
1 110000 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 456260 12
View Market Depth
Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.