ASE 15.0% 3.4¢ astute metals nl

a rabbit out of the hat, page-5

  1. 5,079 Posts.
    ARO are in a good area, have native title and have been granted,
    others have risen 20 times in the past 6 months, ARO has dropped

    ARO cash burn is pretty low, so yes why has the price stagnated and dropped in fact while the markets in general have risen, stocks in the area they have tenements have risen by much more than the market.

    This is a question that should be put to the directors, it is a reflection on their performance.

    Of course we know the placement did a great deal of harm to momentum of the shareprice, and we have every reason to suspect a sell order from that placement is in the market, if our assumptions are wrong here the company is welcome to correct us.

    So we, as shareholders should be able to question why ARO's shareprice is going against the general market trend, and certainly well against the trend of companies who have ground in that particular area, and to expect an answer.

 
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Last
3.4¢
Change
-0.006(15.0%)
Mkt cap ! $14.41M
Open High Low Value Volume
3.4¢ 3.4¢ 3.4¢ $3.4K 100K

Buyers (Bids)

No. Vol. Price($)
2 31908 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 500000 1
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Last trade - 10.18am 09/08/2024 (20 minute delay) ?
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