ARH 0.00% 0.5¢ australasian resources limited

Thanks for the chart Kevi. I've been slowly accumulating this...

  1. 212 Posts.
    lightbulb Created with Sketch. 23
    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.
 
watchlist Created with Sketch. Add ARH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.