I suspect the resource is huge and that there is news coming prior to Xmas which will bury these two announcements.
There is also a choice shareholders can make which is prior to next Xmas review and see if they want to sell some stock before the dilution. However I also suspect that if the resource body is as promising as we suspect, an insto or company would acquire the parcels or whole company and there wouldnt be on market sell pressure.
I take it as a good sign and will keep buying up more ARNO.
Ann: Notification regarding unquoted securities - ARN, page-5
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
35.0¢ |
Change
0.015(4.48%) |
Mkt cap ! $76.20M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 33.5¢ | $44.52K | 129.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3022 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 76388 | 4 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| ARN (ASX) Chart |