Yes this is the big watch for me too. We basically repeated the dose from the OTC trading Friday on the ASX today, sustained buying and whilst a few took profits throughout the session we finished well above VWAP.
Looks like they took profits late Friday but not a lot, and after todays action I think the OTC will keep chugging upwards.
Caveat - this one’s moved a lot more on media coverage in the past, this time too, than it has on actual market news. Thats not a rerate it’s just hype, it’s the same company with the same fundamentals that it was before it got the free exposure in the media. There will be speculation on a partnership or takeover too, and that will probably keep it on various watchlists for a while yet.
If they can get the finance cases together whilst riding this current wave it could be the perfect timing for a multi bag here.
Spotlight on American Rare Earths, page-2847
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Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $145.8M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.0¢ | 28.5¢ | $171.2K | 589.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55000 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 126660 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ARR (ASX) Chart |