Weekly chart indicates a range from 0.005c up 0.035c with plenty of volatility in between. ARE are commencing a new drilling campaign as all those here are aware so the Pro's, as indicated by broker data kindly published by HomeBrand above are clearly accumulating - "punting" on favourable outcomes. Retail are probably trading pips on the way up.
The video link also published above is well worth a look as well. ARE will be drilling in a proven resource rich zone, surrounded by the big boys such as BHP with Olympic Dam & OZ Minerals + others. The odds that they strike something notable must be at least 50/50 or better imo.
Those of us who purchased early January this year on the ground floor are laughing atm. Those caught in previous pumps have their concerns. Its not a stock for the feint hearted but atm the trend is up (this month) so if you are set low then take the ride. Nothing wrong with pocketing a profit along the journey.
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $7.593M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $4.81K | 117.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 80000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36000 | 0.040 |
3 | 135291 | 0.039 |
2 | 525000 | 0.038 |
1 | 27027 | 0.037 |
1 | 50000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 80000 | 1 |
0.048 | 10665 | 1 |
0.051 | 19999 | 1 |
0.053 | 5000 | 1 |
0.058 | 4500 | 1 |
Last trade - 14.24pm 11/10/2024 (20 minute delay) ? |
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ORP (ASX) Chart |