Folks: Firstly, A massive thumbs up to Ardea Team and Shareholders. Today's announcement is truly a "company making" announcement. Don't need to say much as we all know why. I thought I will take the opportunity to compare the actual price action with the analysis that I did back in March.
a) The 70c Level (+- 10%) did prove to be quite a sticky area. We struggled to meaningfully breach this up until the cusp of announcement.
b) Now the second key level is that "90c to $1" level where we have a strong history of resistance - especially around positive announcements and positive macro forces. I am not surprised to see this level is holding up despite a very positive announcement today.
As promised I will have a rethink and reassess where we go from here. But good to see this level holding up. To be honest - I rather we move slow and steady than go up fast and fall down fast.
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Last
59.0¢ |
Change
-0.015(2.48%) |
Mkt cap ! $118.7M |
Open | High | Low | Value | Volume |
60.5¢ | 60.5¢ | 59.0¢ | $5.917K | 9.866K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 30031 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 1958 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 30031 | 0.590 |
5 | 23360 | 0.585 |
2 | 5220 | 0.580 |
1 | 1172 | 0.570 |
1 | 1771 | 0.565 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 1958 | 4 |
0.605 | 23010 | 5 |
0.610 | 16920 | 5 |
0.615 | 35000 | 2 |
0.620 | 28001 | 2 |
Last trade - 11.22am 31/05/2024 (20 minute delay) ? |
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Last
59.0¢ |
  |
Change
-0.015 ( 2.48 %) |
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Open | High | Low | Volume | ||
59.8¢ | 59.8¢ | 59.0¢ | 1938 | ||
Last updated 11.22am 31/05/2024 ? |
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