Unlikely. The VWAP is only 17.6.
There will still be a lot of cap raise buyers at 16c that can make nice quick profit.
Also will be interesting to see the short action, whether there is covering or whether the shorters take it back down again.
ARU Chart Thread, page-3024
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 (20min delay)
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $358.5K | 2.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 346248 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 478392 | 8 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |