AAJ 13.3% 1.3¢ aruma resources limited

Some first thoughts from me....it'd be great to hear more about...

  1. 108 Posts.
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    Some first thoughts from me....it'd be great to hear more about the plan pushing the button on Trojan to fund a drilling ramp up. But I'm concerned about liquidity with days like today. No I don't care about the paper impact of today but the company will eventually need to attract capital and returns for investors. At this stage - there is such thin liquidity that a little more sell side pressure would e driven this to stupid levels. Yes I get the macro situation isn't great for specs but given the downward spiral maybe loosening / broadening the shareholder base should be seriously considered. We also need the company to actively market this- great to see them at the recent conference in Sydney but they're not in qld this week. Now I'm not saying we need a spin doctor or waste money but with so many competition for capital out there we do need strong PR and to sell the project a bit better than we are doing.
 
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