ADV 3.57% 13.5¢ ardiden ltd

From a technical basis we are narrowing our range from 2.9 to...

  1. 160 Posts.
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    From a technical basis we are narrowing our range from 2.9 to 3.2 to 3.0 to 3.2 intraday. this is significant as on the close it is only showing the closing action. Looking purely at sentiment, we are gaining momentum. Even the traders are falling off in volume in anticipation.

    I think they main challenge behind this SP flying is the profit taking mentality. There is no clear belief among holders as to where we are going so everyone is looking for their exit point with each good news and derisking. We need a 2017 plan of the way forward that clearly outlines at least the direction and milestones that we are going for. right now all eyes on quantum as we approach our maiden JORC resource but the communication of strategy needs to be clearer as to how this company with then unlock value.
 
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