ARH 0.00% 0.5¢ australasian resources limited

iron ore, page-10

  1. 212 Posts.
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    Thanks for the chart Kevi. I've been slowly accumulating this one. I like the book imbalance between buys and sells. Think there are a lot of long term holders who have put this one in the bottom drawer from the $1.50 area and aren't interested in selling til the price moves over $1.
    If you are trying to get set it is best to try and get this one on a down day as hard to cross the spread and get any volume on the up days.
    Think ARH falls into the band of speculative interest stocks flowing from Chinalco/RIO bid falling through. Could definitely be a player in the iron ore industry if gets its act together.
 
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Currently unlisted public company.

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