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16.0¢ arafura rare earths ltd

shorts added another 1.5 million on the 31/7...

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crazybull

1,805 Posts.

86

06/08/24

12:03

Post #: 75090020
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Originally posted by Birchcorp: ↑

Thanks to our Chair, CFO and CEO, here we go again with the shorting... up 3m shares the day after the shorters received 60m shares to help exit a large percentage of their position, enough to give them comfort to go again. They received them to stifle momentum. This is all a part of their own personal wealth creation plan - accidentally they will tell you. Peter will tell you NdPr prices are low... really? So is our cost of production being sub $30. So earn your keep Peter. Thats why we gave you 10m shares...

I have this genuine dislike of management that use the excuse for their own benefit. That decisions were made to get equity stakeholders or funders involved. What BS! Good operators encourage equity participants, with fair outcome for all. So, when you are given a product to sell that has a market monopoly of sorts - ex-China supply. Then work the incoming equity interests.

This project is a lone wolf, nothing on the planet is as close to construction or as advanced, and with ex-China supply at almost zero (any supply for POSCO and like that require ex-China) is almost zero. The excuse to devalue our project for their own benefit of acquiring more shares is not acceptable.

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shorts added another 1.5 million on the 31/7...

ARU Price at posting: 15.8¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 16.0¢		Change 0.010(6.67%)		Mkt cap ! $389.6M

Open	High	Low	Value	Volume
15.0¢	16.0¢	15.0¢	$375.0K	2.426M

Buyers (Bids)

No.	Vol.	Price($)
3	20451	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	1495230	19

View Market Depth

No.	Vol.	Price($)
3	20451	0.155
79	2153528	0.150
29	2022330	0.145
38	1465269	0.140
12	907612	0.135

Price($)	Vol.	No.
0.160	1495230	19
0.165	1176681	35
0.170	845071	17
0.175	931064	17
0.180	1011284	24

Last trade - 16.10pm 11/09/2024 (20 minute delay)

ARU (ASX) Chart