🟩 ☰ Watchlist: Buy Re-Entry Candidate Between R189 - R196

Research Notes May 2026 > https://www.unum.capital/post/rmay2026

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One of several shares from our WATCHLIST.

On 29 January, the idea was to sell/reduce into strength. With the pullback, we are placing this share in our watchlist for a buy re-entry into the R189 to R196 range. Now trading at R200. Expected more downside before a tactical rebound.

Share: African Rainbow Minerals

Code: ARI

ARI Post from 29 January > https://www.unum.capital/post/ari2901

Lester Davids

Senior Investment Analyst: Unum Capital