Agreed AFR but it could be a simple as a fund manager deciding to get out of all energy related stocks while prices soften and into energy users who will benefit such as airlines etc. If you go back seven stops on the bid and ask side of ARQ, buyers volumes have outnumbered sellers by at least 3:1 for weeks but the share price has not risen. Normally this situation would see the sp rise, further evidence of dumping.
hovea eremia jengemia reserves, page-11
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |