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.
I suspect the resource is huge and that there is news coming...
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.31M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.5¢ | $27.27K | 90.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53392 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 23698 | 1 |
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| Last trade - 15.46pm 01/08/2025 (20 minute delay) ? |
| ARN (ASX) Chart |