It's brave of you to call this out, Bhan. I fear you are right. There are several suspects for the relentless shorting of ARU stock, all with their particular motivations, and Gina is certainly among them. It would be a courageous thing for ASIC to do a proper investigation into this, but the widespread use of shorting to manipulate share prices and make companies vulnerable to low-ball takeovers is now a problem of national significance.
We need as many voices as possible exposing this behaviour. Birchcorp, Durro and other have already contributed. It is a pity that the argument between 1Naughty1 and Birchcorp seems to have led Birchcorp to withdraw from this forum - I hope it doesn't deter him from continuing his efforts outside it. As retail shareholders, we are in the same boat after all - we are being fleeced and the spectacle is enough to deter people from investing in the ASX.
I have been a shareholder in ARU for a number of years and was hopeful in April that I might at last see a return on my sizeable investment, but have now decided to reduce my exposure. I hope the Federal government's involvement with the company stimulates it to do something about the SP manipulation, but I am not optimistic now. I'm still crossing my fingers that I'm wrong.
- Forums
- ASX - By Stock
- ARU
- Arafura Rare Earths Ltd
Arafura Rare Earths Ltd, page-11
-
- There are more pages in this discussion • 729 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $415.8M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 18.0¢ | $523.5K | 2.869M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1281619 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 177128 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1052176 | 0.180 |
42 | 1305629 | 0.175 |
33 | 1986553 | 0.170 |
18 | 1056706 | 0.165 |
19 | 941103 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 105459 | 6 |
0.190 | 1498279 | 26 |
0.195 | 1271000 | 20 |
0.200 | 1608722 | 40 |
0.205 | 3410501 | 28 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
Last
18.0¢ |
  |
Change
0.000 ( 0.83 %) |
|||
Open | High | Low | Volume | ||
18.3¢ | 18.5¢ | 18.0¢ | 1220556 | ||
Last updated 15.59pm 07/06/2024 ? |
Featured News
ARU (ASX) Chart |