Arafura Rare Earths Limited

ASX:ARU

Arafura Rare Earths Limited

ASX:ARU
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$0.145 (-3.3%)
Last close price
#128
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6
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Reports (2) My Report Forum Investors
Forum Topics ARU ARU Bull Case

Pinned straw:
Saiton
Added 4 months ago

Chart Update Mon 1st July 2024

Thanks for the updates also @Parko5

634b48275a8e6833e35f741396eb4aaba928a6.png
Parko5
Added 4 months ago

@Saiton

Thanks for the updated chart.

Question - Given ARU currently has about 7% shorted....does your charting software have a way to factor this in?

Context - The CEO has previously said they are trying to prevent any institution that has shorted ARU being involved with the Cap Raise...and give them an easy exit..... So 7% is alot of shares to buy back on market when FID is achieved. Small queeze might be on....and I guess that is where my question is coming from....does your charting software have a shorting input?


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Saiton
Added 4 months ago

ah not sure is the short answer. I would have to look into that, ill send the question to Trading View see what they come back with.

4
Saiton
Added 4 months ago

Those levels that I post are the historical norm's so if the $ blasts through say 1,2 or 3 levels etc the the remaining waves also move forward the same amount of levels continuing on from there. So if a squeeze were to happen, it should play forward however as Im sure you could also guess the market also may revert back to norm's as well so I dont hink it would be accurate to go by really. Its just a watch as it plays out i guess

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