Amigo, two charts are copied below, the first is ARR's shareprice over about 5 years and the second chart is the "typical life cycle of a junior explorer" (sometimes called the Lassonde Curve). The comparison shows that ARR has passed through the exploration stage as well as the orphan stage. In the most recent couple of capital raises, institutional investors joined the company. IMO, the shareprice has begun the move towards mining which means the trend is a steady climb from here. According to theory, ARR's shareprice should well and truly exceed that obtained in the exploration stage
Amigo, two charts are copied below, the first is ARR's...
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $143.0M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $75.91K | 266.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17823 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 89565 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 29.0¢ | 28.0¢ | 136065 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| ARR (ASX) Chart |