Australia's largest stock trading and investment forum Australia's #1 stock forum

ARL

Click for more information

3.30%

47.0¢ ardea resources limited

Or, perhaps this one .................... I don't expect you to...

First 89 Last

Share
Profile

Follow
Jacko22

1,442 Posts.

686

07/03/23

11:37

Post #: 66641134
Share

Originally posted by Successwillcome: ↑

You will know something is going on when desperate posters come out pumping. Thereforeø it pays to pay attention to the big picture.

It appears top 20 holders are looking for bag holders on this one. Why?

I have provided a few examples.

1. Share price has plummeted
2. No costings have been released after all these years. Can it be they are not favourable?
3. The distance between minerals. Is it economical? Coming back to costings
4. The depth of the minerals. Someone mentioned up to 4klm (I have not verified this myself). Nevertheless they are not generally close to the surface. Is it economical? Coming back to costings.
5. Missed the train literally. Out to late. No offtaker interested anymore.
6. Immense cash burn. About $10million gone since last cash raise. Whan will the next one be?
7. No progress except for fluffy announcements

Those few examples help to understand why top 20 holders may want to offer you their shares.

Red is apparently also trying to recruit takers on the peer site.

Desperate it seems.

All in my opinion and not investment advice.

Do your own research.

Expand

Or, perhaps this one .................... I don't expect you to understand either....

ARL Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

LLL

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

There are more pages in this discussion • 11 more messages in this thread...

First 89 Last

Add ARL (ASX) to my watchlist

(20min delay)
Last 47.0¢		Change 0.015(3.30%)		Mkt cap ! $93.85M

Open	High	Low	Value	Volume
47.8¢	49.5¢	46.5¢	$9.9K	20.66K

Buyers (Bids)

No.	Vol.	Price($)
1	8923	47.0¢

Sellers (Offers)

Price($)	Vol.	No.
49.0¢	1250	1

View Market Depth

No.	Vol.	Price($)
1	8923	0.470
2	11869	0.460
1	100	0.455
1	2000	0.450
2	4222	0.440

Price($)	Vol.	No.
0.490	1250	1
0.520	4166	1
0.540	50950	1
0.560	15000	1
0.595	6009	1

Last trade - 15.59pm 05/07/2024 (20 minute delay)

ARL (ASX) Chart