ARL 6.25% 51.0¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-1352

  1. 3,324 Posts.
    lightbulb Created with Sketch. 1886
    Fundamentally and technically ARL is very strong, is tightly held and has a very small share registry.
    There is a pipeline of positive announcement to come through over the next 6 months.
    We are also substantially undervalued at the moment contributing to this moderately bullish sentiment.
    We are also too small and too tight to be substantially manipulated by the large institutions IMO.
    The primary institution that has a substantial holding is patient, sensible and conducting business professionally IMHO.
    For these reasons it is highly unlikely for there to be a 14% retracement at this time.

    The above are just my thoughts, as such no guarantees.
    Have a great weekend
    Cheers RED
 
watchlist Created with Sketch. Add ARL (ASX) to my watchlist
(20min delay)
Last
51.0¢
Change
0.030(6.25%)
Mkt cap ! $100.8M
Open High Low Value Volume
48.5¢ 51.0¢ 46.5¢ $78.79K 158.8K

Buyers (Bids)

No. Vol. Price($)
2 2058 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 12667 1
View Market Depth
Last trade - 14.22pm 06/08/2024 (20 minute delay) ?
ARL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.