ARL 2.33% 44.0¢ ardea resources limited

Hi Nirp- personally I'm mindful of the fact that brokers etc...

  1. 4,825 Posts.
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    Hi Nirp-
    personally I'm mindful of the fact that brokers etc hoarded a good chunk of production last year, and were obviously rewarded for doing so as we have seen with the base price climbing.
    Experience tells me that if someone found honey somewhere once, they'll go back to the same spot and have another go next season. Add to that of course increased demand which is slowly but very steadily building to a point where it has its own momentum.

    For your volume concern don't neglect to consider the number of shares on market- the tight register really doesn't forgive hesitation as I've learnt myself.

    All in all we've held up very well during this tax sell off especially by comparison to some other energy related stocks so another good day for us all here, a good start to a happy new trading year.
 
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Last
44.0¢
Change
0.010(2.33%)
Mkt cap ! $87.86M
Open High Low Value Volume
43.5¢ 44.0¢ 43.5¢ $8.145K 18.67K

Buyers (Bids)

No. Vol. Price($)
3 36096 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 25870 2
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Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
ARL (ASX) Chart
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