RE: A bit of weekend reading17 Aug 2024 09:54
Wonder if Mr Archer has a substantial (at present losing) position in ARCM?
Surely IF the prospects were as some on here, and of course Mr Archer, make out the shareprice would be several multiples higher than it is at present with Institutional investors building substantial stakes in the Company or indeed big hitters like AA (perhaps) looking to takeover ARCM at a fraction of what the future value on the balance of probabilities could be worth.
Alas neither is happening and thats why the only thing that matters, the shareprice, remains "depressed".
In the absence of the above serious investment, and only traders and MM's moving the price, the odds on success equate to a 50/1 shot in the Grand National which means that shoving your money into ARCM at the moment is a remarkably high risk punt.
The big hitters, proper mineral experts and institutions know more than Rampers like Fullers, Lanters, Marco and certainly LiesNav etc know as is reflected in the sad performance of ARCM's shareprice over the past years.
Anyhow
ATVBTMOY
TNR
XXX