ARB 0.19% $41.42 arb corporation limited.

I have been waiting for some comments. I think they are a quite...

  1. 659 Posts.
    lightbulb Created with Sketch. 208
    I have been waiting for some comments. I think they are a quite a guess. Here's my guess.

    a. the discount rate effect would apply to all shares
    b. the relief from the virus would allow more use of your cars, i.e. more usage and consumption more replacement parts etc., more cash flow for ARB
    c. AUD up against USD = not that good if trend continues
    d. guessing some sector rotation, ARB has run quite a bit in recent months, i.e. money wants to flow into stocks that have some catch up to do.
    e. this today is just an outlier and means nothing (i.e. nice words for not quite getting it)

    On a different aspect:
    trades seem to be REALLY small when I look on course of trades at Commsec. Can small trades smash the price around that much (minus 14% at the lowest)?

    I was tempted to buy more in the $28 range: 5 on offer, 10 on offer or 89 shares on offer, 1 on offer. What sort of market is this???
 
watchlist Created with Sketch. Add ARB (ASX) to my watchlist
(20min delay)
Last
$41.42
Change
-0.080(0.19%)
Mkt cap ! $3.437B
Open High Low Value Volume
$40.92 $41.68 $40.82 $5.592M 135.1K

Buyers (Bids)

No. Vol. Price($)
1 441 $41.30
 

Sellers (Offers)

Price($) Vol. No.
$41.44 386 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
ARB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.