ARB 0.38% $47.35 arb corporation limited.

ARB, page-4

  1. 400 Posts.
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    Sorry Merlin, I have no idea why someone would place those sell orders in that fashion after the 4pm bell.Having a look at the after hours sales there was a big parcel (70,000 shares +) traded for $21.85 at 16:10:22 and a cross trade of about 1500 shares @ $21.85 at 16:48:49. I'm not sure of the mechanisms of after hours trades on the ASX so if any posters can explain that would be welcome.
    I'm surprised to see ARB are currently trading at a 2 year high and quickly closing on their June 2018 all time high of $23.29, given they are a Melbourne based manufacturer, wholesaler and retailer in the middle of the COVID-19 outbreak. I haven't see any advice as to the impact of the stage 4 restrictions in Melbourne on their operations so I guess we will to wait till the release of the EFY results next week... should be interesting but then again we are living in interesting times!

 
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