The drop is completely predictable. 7 million shares were listed late last week, all purchased for $0.725. I fully expect that half or more of these were bought for a quick turnover of 15-20%. Not bad for 2 weeks investing!! Once these discounted shares are through the system, it should move upwards again, particularly with upcoming announcements and approaching PFS.
IMHO
BE
The drop is completely predictable. 7 million shares were listed...
-
- There are more pages in this discussion • 910 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
-0.025(6.25%) |
Mkt cap ! $74.88M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.0¢ | 37.5¢ | $50.49K | 129.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14286 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1729 | 1 |
View Market Depth
| Last trade - 15.26pm 04/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |