I'd say any large holders who have a pessimistic long term view of iron ore prices will be using todays upcoming very high volume trading to dump their positions.
48 cents might sound cheap today but could turn out to be very expensive in 12 months time.
I think anybody trying to estimate the future of of iron ore prices may as well be reading the tea leaves in the bottom of their tea cup.
Too much of a risk to enter into ARI with the uncertainty for my liking.
Ann: Succussfully Completes Institutional Captial Raising, page-6
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 (20min delay)
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.44M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 117898 | 4 |
View Market Depth
| Last trade - 16.25pm 18/07/2025 (20 minute delay) ? |
| ARI (ASX) Chart |
Day chart unavailable