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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Folks: Firstly, A massive thumbs up to Ardea Team and...
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Mkt cap ! $120.7M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 4990 | 59.5¢ |
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Price($) | Vol. | No. |
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1 | 21000 | 0.590 |
4 | 21877 | 0.585 |
2 | 5220 | 0.580 |
1 | 1172 | 0.570 |
Price($) | Vol. | No. |
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0.605 | 2616 | 2 |
0.610 | 28537 | 3 |
0.615 | 17500 | 1 |
0.620 | 28001 | 2 |
0.630 | 100570 | 2 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Change
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Last updated 15.53pm 04/06/2024 ? |
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