Let's hope the ARW market makers use this as a turning point to take the SP up.
I actually doubt they will. My theory is that THORNEY wants to buy out Ligan Corp [name?] which holds 22% and cheaply.
Which means more market maker downward pressure.
Once Thorney has total control of the company, then the SP will rise. That's my theory.
Expect rises this week, then the downward grind next week.
With a market cap. of about $4 million, same as many shells, this company is ridiculously cheap.
However what the market makers for ARW want, that's what goes.
Ann: Company Update Favourable Resolution on Biodiesel Excise, page-3
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Last
9.5¢ |
Change
0.002(2.15%) |
Mkt cap ! $35.89M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.5¢ | $30.63K | 322.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 411024 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 234495 | 3 |
View Market Depth
| Last trade - 14.51pm 27/06/2025 (20 minute delay) ? |
| TEK (ASX) Chart |