ARL 5.21% 50.5¢ ardea resources limited

ARL chart, page-211

  1. 4,817 Posts.
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    Let’s put our shares on market in perspective.
    Even if every option was taken up, ( I can personally guarantee about 350,000 won’t be as I was distracted with family stuff the past six months so there is about 1.5%? of the total options right there ), there would still only be 120~ million shares in total.

    Our peers have a good few times more shares on market than we do.

    We are already funded through to DFS & I’ll wager that nearly all options that are going to be exercised already have been & the ones who were then going to be sold on market as normal shares probably already have been too.

    If any of the non ‘blue sky’ people wonder why I & a couple of the other core holders/posters aren’t worried at all it’s hecause this is just another shakedown to get rid of retail holders & it’s probably working very well.

    The FA has not changed one bit, this is a TA thread & therefore myself & those others I speak of are actually enjoying a change of pace- as I’ve already said the price action here in ARL is hard to beat, always remembering the fantastic FA that underpins everything.

    I’m not budging & have bought a rainy day size parcel recently under $1.10 as the snap back when we start to rise again will be a real adventure.
 
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Last
50.5¢
Change
0.025(5.21%)
Mkt cap ! $100.8M
Open High Low Value Volume
49.0¢ 52.0¢ 48.5¢ $19.80K 39.06K

Buyers (Bids)

No. Vol. Price($)
1 2464 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 10000 1
View Market Depth
Last trade - 15.59pm 28/06/2024 (20 minute delay) ?
ARL (ASX) Chart
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