Good morning to the half of the globe that has just started their day- or will soon- to see that ARL has formed a plan with SMM & MC to advance the world’s 7th largest nickel/cobalt deposit.
While you were getting ready for the day, Australasia tried to digest and price the news. Now it’s your turn.
As some of you are connected to government etc ( some of whom are allied with Japan and Australia ), I believe you will help set the stage for a positive rerate of this company.
Have a good day!
To my fellow Australasians- the above is to help remind us of a potential reason why the SP can get pushed down even when positive advancements are made. A very important half of ( in a way more than half of the world from the Western perspective), is not ready to trade on day 1 of any important milestone having been reached.
In fact a bunch of players( traders/investors etc ), who often act in opposition to Western ( which for me has for a long time included Japan and Korea ), aims is awake during ASX trading hours and may in deed trade ‘against’ ARL…
Some of them may use their leverage ( cash or otherwise ), in an effort to impede that which strengthens broader Western interests. The KNP is not make or break for the West but it sure is a good addition to those broader interests. Every big project counts!
Just a thought on a momentous day.
ARL chart, page-3756
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Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.0¢ | 59.0¢ | $58.79K | 98.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4988 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
59.8¢ |
Change
-0.005 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| 59.5¢ | 60.5¢ | 59.0¢ | 27368 | ||
| Last updated 15.46pm 03/06/2024 ? | |||||
| ARL (ASX) Chart |