ARI 8.82% 3.7¢ arika resources limited

chart update anyone?, page-34

  1. 5,813 Posts.
    Well,thx support of around 1.02 holded today, that was the main thing on this red ASX day.
    Now we might see lower support/resistance, but this should not mean a downtrend.

    1. Support: 1.01

    Pivot Point: 1.04

    Resistance: 1.07

    2. The other magic: MBIO Index 6 August 2013; Index rises to $131.96/tonne.

    3. for the mentioned ARI debt level...well, many companies have debt...
    ARI aim to reduce the net debt level from 35% down to 25%, which is for many companies with debt a healthy proportion.




 
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