absolutely - i saw the same thing on SW1 - the sell side their had evaporated above 30c, but then selling came from nowhere to allow more accumulation, a few weeks later it punched through on good volume and kept going to 57.
On the Thursday close there were 50,000 ARL shares for sale, all above $2, but here we are back at 1.74 - was probably the punters and traders that pushed it too hard, and then they bail as quickly as they came. I place a far higher value on fundamentals than charts, sometimes to my detriment in the short term but never in the long term.
GLTAH
Ann: Extensive scandium at Goongarrie South, page-87
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Last
42.5¢ |
Change
-0.025(5.56%) |
Mkt cap ! $90.85M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 42.5¢ | $9.473K | 22.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2707 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 4505 | 2 |
View Market Depth
| Last trade - 11.13am 14/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |