I think that’s par for the course on the ASX, traders bid up the price coming into a news event then sell down when the good news comes. Really makes it hard being a long term investor, esp. if you’re looking at daily price moves. The good news is that no trader would have made 700% returns on their investment in a year so can’t we can’t complain here.
Maybe, because we are relatively tightly held and low number of shares on issue, the sell off (if it comes) won’t be so bad. Hopefully, we are trading double our MC by then.
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 39.0¢ | $39.32K | 99.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 99300 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1048 | 1 |
View Market Depth
| Last trade - 15.58pm 11/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |