The price is confirmation that holders have lost faith in management. They must have the results from the drilling of the last 6 holes, they are obviously poor so are hoping to drill like crazy now to try and find something positive to release.
Maybe that's far fetched but they arnt telling us anything so people are going to come to their own conclusions.
Ann: Substantial Holder Notices-ARD.AX, page-53
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Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $25.99M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $57.14K | 3.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1423000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 794254 | 5 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| ARD (ASX) Chart |