Surprised by the cap raise, ARDO were looking good for conversion. Got burnt across at AYN, stupidly sold out for less than 4 cents when they did a cap raise just before their meteoric rise.
Also don't forget that CCU did a cap raise at above market price to a cornerstone investor.
If the SP dips on this one will back up the truck, also in the market for more ARDO, high risk, but serious money to be made if they stay in the money. The company are certainly testing our nerves, but they surely have to make sure the options convert - perhaps they'll have some big news to follow on the tails of the CR.
I'd advise anyone to keep their powder dry for some action as soon as the trading halt comes off.
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ARD
argent minerals limited
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2.4¢

trading halt: cap raising, page-19
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $34.70M |
Open | High | Low | Value | Volume |
2.3¢ | 2.4¢ | 2.2¢ | $33.57K | 1.456M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 203815 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 575193 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 203815 | 0.023 |
20 | 4238210 | 0.022 |
13 | 2620110 | 0.021 |
11 | 1017100 | 0.020 |
5 | 1676315 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 575193 | 3 |
0.025 | 1532027 | 6 |
0.026 | 962276 | 7 |
0.027 | 2531446 | 10 |
0.028 | 3234900 | 8 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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ARD (ASX) Chart |