Maybe it’s just a trader feeling the need to talk down ARL as they don’t hold. Could also be concerned that when AUZ opens it will fall under the placement price? Either way even if AUZ for any reason dipped to say an extreme low of 6 cents (I don’t believe this would happen) it would still be valued higher than ARL. Something for everyone to think about.
The reason why ARL has flown under the radar is because it takes real research to stumble onto this one. It wouldn’t have hit the radars of the traders in terms of volumes etc and they are going to miss it.
ARL vs AUz vs CLQ, page-6
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 (20min delay)
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Last
69.5¢ |
Change
0.040(6.11%) |
Mkt cap ! $138.6M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 69.5¢ | 56.0¢ | $363.8K | 598.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34342 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 1399 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
67.5¢ |
Change
0.040 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| 62.0¢ | 67.5¢ | 56.0¢ | 183666 | ||
| Last updated 15.47pm 03/05/2024 ? | |||||
| ARL (ASX) Chart |