ARX 2.34% 62.5¢ aroa biosurgery limited

I see the short interest is also trending up. Sentiment at an...

  1. 5,664 Posts.
    lightbulb Created with Sketch. 1799
    I see the short interest is also trending up. Sentiment at an all time low ... underperformed ... he's (BW) throwing everything at the US and I bet many SHers won't wait.

    I've been in and out a couple times ... it's been a decent trader as it has such a low profile, so bounces around perfectly on FA news.

    So why would you buy now when it's an obvious sell? RSI under 30 for the SIXTH time in this down-trend on the daily chart. Fourth time on the weekly.

    But the charts starting to show positive divergence. Counter-intuitive - exactly the right time to buy.

    Just under half the revenue of PNV and a tenth the MCap.

    Director PM spent $187k @ 57.5 recently (on market)

    I like their business plan to focus on the US and I expect it'll pay off. Nibble, nibble.
 
watchlist Created with Sketch. Add ARX (ASX) to my watchlist
(20min delay)
Last
62.5¢
Change
-0.015(2.34%)
Mkt cap ! $215.1M
Open High Low Value Volume
64.5¢ 64.5¢ 62.0¢ $47.64K 76.21K

Buyers (Bids)

No. Vol. Price($)
2 1699 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
62.5¢ 309 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
62.0¢
  Change
-0.015 ( 1.59 %)
Open High Low Volume
63.0¢ 63.0¢ 62.0¢ 33827
Last updated 15.14pm 14/06/2024 ?
ARX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.