Folks: Firstly, A massive thumbs up to Ardea Team and Shareholders. Today's announcement is truly a "company making" announcement. Don't need to say much as we all know why. I thought I will take the opportunity to compare the actual price action with the analysis that I did back in March.
a) The 70c Level (+- 10%) did prove to be quite a sticky area. We struggled to meaningfully breach this up until the cusp of announcement.
b) Now the second key level is that "90c to $1" level where we have a strong history of resistance - especially around positive announcements and positive macro forces. I am not surprised to see this level is holding up despite a very positive announcement today.
As promised I will have a rethink and reassess where we go from here. But good to see this level holding up. To be honest - I rather we move slow and steady than go up fast and fall down fast.
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Last
52.0¢ |
Change
0.020(4.00%) |
Mkt cap ! $103.7M |
Open | High | Low | Value | Volume |
50.0¢ | 52.0¢ | 48.5¢ | $75.72K | 150.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 37329 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.460 |
3 | 6222 | 0.450 |
1 | 1000 | 0.435 |
4 | 48250 | 0.400 |
1 | 5000 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 12329 | 1 |
0.540 | 1000 | 1 |
0.545 | 10000 | 1 |
0.560 | 15000 | 1 |
0.600 | 1666 | 1 |
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