ARL 6.25% 37.5¢ ardea resources limited

Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project, page-40

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  1. 7,702 Posts.
    lightbulb Created with Sketch. 11
    Clearly the Mkt thought it was not "such great news"...and that is all that counts. Not what you, I or anyone or any other HC'ite thinks (retailers - always the last to know)

    Not the news, but the Mkt's *reaction* to the news. That has always been the case in markets. It was never different And it was a bad reaction.
    Down 17.7 % now.
    Maybe it's a simple as buy the rumor, sell the news
    No possible way to know.
    Look for explanations and you'll go crazy.
 
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