AAR - Astral Resources

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Is this another attempt at "Volume Precedes Price"?
Will history repeat and trades follow the Bullish MACD Divergence?
Whatever - I picked up a few today. "North please, Driver."

 

[Piggy Bank]

It did mine Reichman, more than happy with the cryptic comment...As you stated previously "Well heeeello!"
At least we now know where they are headed and all the right direction.

If they would have done like "normal" companies then this would be a major announcement on its own and price sensitive. Oh no not our beloved AAR....hiding in a proxy is much better.

Regardless Reichman you are right and good observation. Been a long time coming but it all seems to be coming together.

I can't wait until they just announce things, instead of hiding away in reports and this time a damn proxy form . Such a fantastic story unfolding and they aren't saying a word to promote it. Just the opposite of some companies that pump the slightest positive.

Hi HS,

This company used to be one of your babies...
Are you still in or did you sell out a long time ago?

I placed my parcel of shares in the bottom drawer long ago to collect dust but miracles do happen. The other option will be to put them to use as a capital loss!

What do you think about the future prospects of AAR? Hit 1.3 cents today.

They had just over a million in the bank last quarter and must be running out of funds soon. RIP?

 

[Nigelb]

I saw this site http://www.shares.com.au/forum/showthread.php?t=7898 The guy there use carabella and anglo as comparables. What do you guys think? does this RKS / Scott Creek Coal deal have anything to do with anglo?

 

[papatee]

I saw this site http://www.shares.com.au/forum/showthread.php?t=7898 The guy there use carabella and anglo as comparables. What do you guys think? does this RKS / Scott Creek Coal deal have anything to do with anglo?

Think you'll find it's a different Anglo that is referred to in thread you mention as AAR does not have any coal plays in the Bowen (or anywhere else for that matter). I'd suggest the reference is to the mining giant Anglo American, not AAR. Have a look at Anglo American's Australian projects listed here:

http://www.angloamerican.com.au/our-operations/projects.aspx

 

[System]

On May 2nd, 2022, Anglo Australian Resources NL changed its name to Astral Resources NL.