I've been watching it for the last 2 weeks get slowly chipped away (the sell side) and while I'm sure there's a few off screen, any traders who do want to sell would likely be waiting for the news volume to sell into anyway and would also be considering the circumstances at play here (if they're a half decent trader) and no doubt would realize they can make more profit by not stacking the sell side.
This may run prior to any news, though someone is determined to cap the price at .75
I'm no trader but I figure if that technical point does get breached there's not a lot above and I question how much would come online.
ARL chart, page-3720
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Last
43.5¢ |
Change
0.005(1.16%) |
Mkt cap ! $86.86M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.0¢ | 42.5¢ | $8.081K | 18.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16577 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 676 | 1 |
View Market Depth
| Last trade - 15.48pm 06/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |