unfortunately I didn’t see any of the action, am on overseas...

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ewop123

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02/12/24

21:52

Post #: 76882828
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Originally posted by BadWolf65: ↑

Well colour me confused...
I was certain that the last minute sellers were going to try and close the day at 1.8
I had my wife standing by to show her the silly season action, but the one time she is there to look nothing happened. I am still confused as to what transpired...

Saturday mornings close was at $30.609 and today opened down and kept going down. Closing around $30.15 (roughly 45 cents down) yet the day closed at 1.9 where it had opened, and only 2 trades were for less than 1.9, a 1.8 trade and a 1.85 trade.
So that means 35 out of the 37 trades were at 1.9 despite the falling silver price.

So what can we make of this?
Either the push down sellers pulled a sicky today, or the market is feeling stronger about ARD today. As I said yesterday I thought the price should have been higher considering the silver price, it would seem there are those that were buying today that seemed to agree, and they were seeing value in ARD at 1.9

Despite the currently falling silver price (as of COB) I am somewhat inspired by today's buying / selling action. I could be way off the mark, but this showed definite signs of confidence starting to return. Unless someone else has a reasonable explanation for it.

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unfortunately I didn’t see any of the action, am on overseas trip so won’t be following so much. Maybe that’s a good thing haha

ARD Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $33.26M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.3¢	$3.512K	151.4K

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No.	Vol.	Price($)
6	965259	2.3¢

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Price($)	Vol.	No.
2.4¢	743819	5

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No.	Vol.	Price($)
6	965259	0.023
9	933484	0.022
9	1726419	0.021
8	2883500	0.020
9	1254316	0.019

Price($)	Vol.	No.
0.024	743819	5
0.025	1032144	2
0.026	2638500	5
0.027	1545201	4
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ARD (ASX) Chart

unfortunately I didn’t see any of the action, am on overseas...

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unfortunately I didn’t see any of the action, am on overseas...

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