ARL 2.08% 49.0¢ ardea resources limited

Ann: Extensive scandium at Goongarrie South, page-87

  1. 2,808 Posts.
    lightbulb Created with Sketch. 753
    absolutely - i saw the same thing on SW1 - the sell side their had evaporated above 30c, but then selling came from nowhere to allow more accumulation, a few weeks later it punched through on good volume and kept going to 57.

    On the Thursday close there were 50,000 ARL shares for sale, all above $2, but here we are back at 1.74 - was probably the punters and traders that pushed it too hard, and then they bail as quickly as they came. I place a far higher value on fundamentals than charts, sometimes to my detriment in the short term but never in the long term.

    GLTAH
 
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