What we have now is a stock sale "special", buy 4 and get 1 godolphin for free. That creates an incentive to buy before 12/3, and a dis-incentive to sell. The moment we pass that date, the special is over. The run up is not surprising, I bought more shares anticipating it, and those shares have just about doubled in 4--5 months. The question is how much the SP retraces after the "special" ends.
Broker data and analysis, page-27
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Last
45.0¢ |
Change
0.015(3.45%) |
Mkt cap ! $89.85M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.0¢ | $8.374K | 19.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 36022 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 2038 | 1 |
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| Last trade - 13.58pm 04/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |