Nearly 50% of shares have changed hands over the last 5 trading days. Most of the exits have likely been those with low cost basis stock who were sitting on substantial gains. Some who were just riding the strong momentum have probably exited as well. This creates a healthier shareholder base now..who are less likely to be trigger happy. So downside volatility is likely to fall from here.
TA-Chart Discussion (ONLY), page-3
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Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $5.872K | 14.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 78844 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 650 | 1 |
View Market Depth
| Last trade - 11.40am 04/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |