ARL 1.27% 40.0¢ ardea resources limited

ARL chart, page-62

  1. 2,930 Posts.
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    So,

    We know that Instinet has been buying consistently at an average around these prices;

    We know we have an enormous resource, with a significant high grade zone that will be improved upon;

    We know we are dealing with a commodity that will shape the future. Demand is rising, price is rising, supply from DRC may be compromised at some stage;

    We know the Company has significant other assets, as reported in today's announcement, that will be drilled out and defined and most likely spun out of the Company;

    We know that holders will receive a 1 for 3 loyalty option in May; and

    We know ARL is enormously undervalued relative to its peers.


    This brings us to the Trader's Dilemma:

    Do you sellout or sell down for a guaranteed profit now OR do you hold and give yourself an opportunity for greatness.

    It must be so hard watching the ones that got away.

    You know what I say, go ahead BIATCH,
    sell down because there are a lot of people here just waiting to take what you have.

 
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(20min delay)
Last
40.0¢
Change
0.005(1.27%)
Mkt cap ! $79.87M
Open High Low Value Volume
39.5¢ 40.0¢ 39.5¢ $5.035K 12.62K

Buyers (Bids)

No. Vol. Price($)
5 215496 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 693 1
View Market Depth
Last trade - 15.33pm 15/11/2024 (20 minute delay) ?
ARL (ASX) Chart
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