I've heard people talking around town about it. It's tightly held by insiders; there's nothing in the announcements to support the huge rise in price over the last week of trading and hence the price query. If the value of the exploration results back the pre-announcement pump it will confirm suspicions that the securities are simply traded heavily on the inside. As good a barometer as that may be in the case of good news, it unfortunately works the same way but in the opposite direction for bad results and capital raisings. Retail holders proceed with caution IMO. GLTAH.
ARN Price at posting:
52.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)