Thanks for more context around the fundamentals. I also found it...

Thanks for more context around the fundamentals. I also found it very interesting. Honestly I am no expert in this area so am doing more reading and trying to understand. Also reading old announcements etc. But what still I am not able to fathom is why is market not warming up to it. Sometimes stocks can be hidden and needs a big event. That has happened recently, it went to 83, so is in visibility now. So also thinking from that point of view. But I know sometimes it takes a few back and forth before making the final move. So lets see.

As I had mentioned in my first post, I had got in at technicals. Then I read more and found that it may have legs. And then was surprised by all that selling by Taylor. But my interest kept me here, though had to sell out and buy back because of the volatility.

But as I mentioned yesterday, I was hoping that 31c touch is the bottom which also tallies for those who follow charts. A 61.8 retracement from 83c high is around 31/32c. So there is a chance we may have done the retracement - but its just probability, there is no guarantee.

Today's trading was very positive I thought. We started on 31.5 and stayed above this whole day, not touching yesterday's low of 31. Volume though less than yesterday, was still decent. If we leave out April, before that very rarely AR3 was doing over 1m shares. So today's 3.4m was still very good.

So has the seller finished or taking a breather? Difficult to say. There was an announcement today and the seller might have thought it may be difficult to play their game as there may be buyers. Or they may be done - whoever disgruntled/not happy cannot have infinite shares, so they may be done. Taylor has net sold over 10% of all stocks last couple of months. Next few days - even tomorrow - will give a better picture.

I feel it needs to get to 40s to show it means business, but 38 could act as some play as well.

Personally - I had thought that if 31/32 is held I may buy more. So I bought more today, but waited. So did not pick bottom, was waiting for 33 to be cleared. So picked some at 34 - where a lot of play happened today which is also our close.

Lets see what's in store tomorrow. All the best