James, nice response above. I agree, I tend to think the market really hasn't caught on here to ARO's situation. Acquisition of an incredible site circa to the world class Plutonic Gold mine and Sandfires Resources's recent discovery. It was not long ago (actually just ~11 months ago) when Sandfires was trading around 5c, and NOW trading not far from $4.00.
It might be not be the floodgates in the short term (just yet) but looking at the chart, ARO is tracking positively with indications that substantial accumulation has been quietly occurring around the supporting trendline. The large volumes traded in the past week or so clearly backup this notion. Next support zone highlighted below, along with proximate near term resistance points highlight in red, orange & yellow, respectively.
Certainly money flowing here....looks like from the patient to the impatient at moment. In due time though this will stock will rocket imo.
cheers :)
floodgates, page-35
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.87M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112837 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 198991 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| ASE (ASX) Chart |
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