AAJ 13.3% 1.3¢ aruma resources limited

Ann: Drilling Continues to Expand System at Slate Dam, page-12

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  1. 547 Posts.
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    Hi Niako, from my observation sell side loaded up after the announcement. In my interpretation it was done after it didn't run up quickly at about the 10.30am mark just after opening. It didn't appear to be loaded up at open just in case the capping was blown out of the water first up and ran. It's quite clear to me this is being capped for a reason, people are trying to load up here because they can see the plan unfolding and obviously want to be apart of it at as low of a price possible to maximise their leverage, after all every .01c is greater than a 10% increase on the investment now. When the gold price increases and the market wakes up in general and a few more developments take place with this company, this thing is going to run and run hard. That is my opinion and a reason I am heavily committed in this one and happy to go long.
 
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4 391000 1.3¢
 

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1.4¢ 300000 1
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