@Shredz007
Mate I am a bit reluctant to comment, and am typing this still not knowing If I will or won't
Mate: no one is abusing you and we are a friendly bunch generally. If I may say a few things.
Many of the holders here have been for quite some time, some since IPO, We started low, went to over $2.00 and find ourselves where we are today. There is no question about ARL being undervalued and the possibilities here are in my opinion unmatched anywhere else, considering what is going on with GOLD nickel and cobalt, our resources and the stage of development we are at.
You have come to the tread talking price down, opportunistically flagging lower price projection and then gloating on your 1st success, based on gap theory.
You will find that many here are in the RED, some more than others. Think about that.
Also think about this, many of the investors here are genuinely long termers in for the long run, we don't talk it, we do it.
The ARL SP behaves in a certain manner, most of us with a great deal of fundamental, technical, gut feel, knowledge and observation are making a call based on these above understandings borne of time. We are also looking at the nickel, cobalt, gold, EV machinations taking place around the world and we disagree with you. The price should not be where it is.
Many here have said that Gap theory does not work consistently as a trading system, that is not to say it does not work at all.
What people are saying is that specifically here at ARL your 2nd price projection of 0.395c to 0.40c is highly unlikely but not impossible.
Lets say for instance your orders get filled at 0.40c and JoeBlow comes along with Woop-de-doo theory of 0.30c, when you are deep in the red, how will you feel.
Its best not to flag your aspirational buy prices. Its rude and inconsiderate.
Perhaps you might consider the environment you enter.
RED
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Last
40.0¢ |
Change
-0.020(4.76%) |
Mkt cap ! $79.87M |
Open | High | Low | Value | Volume |
42.0¢ | 42.0¢ | 39.5¢ | $32.55K | 80.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5596 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 39791 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5596 | 0.400 |
4 | 112812 | 0.395 |
3 | 61923 | 0.390 |
1 | 10000 | 0.385 |
2 | 21500 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 39791 | 1 |
0.430 | 4000 | 1 |
0.440 | 16590 | 1 |
0.450 | 22000 | 2 |
0.470 | 660 | 1 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
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ARL (ASX) Chart |