Folks: Firstly, A massive thumbs up to Ardea Team and Shareholders. Today's announcement is truly a "company making" announcement. Don't need to say much as we all know why. I thought I will take the opportunity to compare the actual price action with the analysis that I did back in March.
a) The 70c Level (+- 10%) did prove to be quite a sticky area. We struggled to meaningfully breach this up until the cusp of announcement.
b) Now the second key level is that "90c to $1" level where we have a strong history of resistance - especially around positive announcements and positive macro forces. I am not surprised to see this level is holding up despite a very positive announcement today.
As promised I will have a rethink and reassess where we go from here. But good to see this level holding up. To be honest - I rather we move slow and steady than go up fast and fall down fast.
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Last
62.0¢ |
Change
0.010(1.64%) |
Mkt cap ! $123.7M |
Open | High | Low | Value | Volume |
59.5¢ | 62.0¢ | 59.5¢ | $107.2K | 177.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 36251 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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62.0¢ | 50537 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17251 | 0.595 |
1 | 42308 | 0.590 |
1 | 10000 | 0.585 |
1 | 3220 | 0.580 |
1 | 1172 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.620 | 50537 | 4 |
0.625 | 27500 | 2 |
0.630 | 90000 | 1 |
0.640 | 429 | 1 |
0.660 | 7536 | 2 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
62.0¢ |
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Change
0.010 ( 1.64 %) |
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Open | High | Low | Volume | ||
59.5¢ | 62.0¢ | 59.5¢ | 47886 | ||
Last updated 15.58pm 24/05/2024 ? |
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