Spec mining stocks are always a rollercoaster before there's certainty. Just look at say Pilbara minerals, or any other miner that's got to production. Investors loose interest in-between times of significant news, or at times of market wobbles, then the trolls pile in and small investors get nervous so the share price drops.
The only important question to ask is whether the fundamentals have changed. If they haven't changed, don't sell.
Pilbara was worth as much as ARL just a few years back. Now they're worth 12.3 billion. Plenty of investors there will have lost interest and sold out in the initial speculative stage, partly due to disingenuous down-ramping.
Pertinent market/industry news/articles, page-4673
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Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $81.86M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 40.0¢ | $1.304K | 3.194K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 855 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 7500 | 2 |
View Market Depth
| Last trade - 12.05pm 13/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |