ARH 0.00% 0.5¢ australasian resources limited

will fly today imo, page-7

  1. 565 Posts.
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    Keep holding stumpy
    IMO - could be
    1)spin off of non iron ore assests on favourable terms for current share holders
    2)Clive has kicked in a bit more ore "Thank you Clive"
    3)early announcement re BF study
    4)announcement re: progress of Citic's activities which ARH has been working on joint use of major infrastructure
    5) If they are struggling might make some announcement about Uranium or some other wackey thing! although this sort of cr@p has been light on since Clive became major shareholder, mustn't like bs announcements.

    My guess for share price tommorow up to $2.15 down to $1.94 settle around $2 on around 1 mil vol. I'd be happy with that with no news - if news who knows???
 
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