Hi @accaeric
Both you and Nozza8 could be right, I am still learning everyday.
I think there is an underestimation around the number of holders that increased their holdings to increase their entitlement for the options.
I was not aware that options were only for Au /NZ holders only. Does not affect me.
I see great value in their potential, most likely because I am medium long on ARL, and have committed.
We shall see what the market does after the 19 May when all options are secured.
It would be very interesting to know the breakdown of holdings by management, institutions and retail.
I think this would indicate how stable the ARL share price will be moving forward.
Largest cobalt resource with lowest valuation, page-999
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.86M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 43.0¢ | $11.79K | 27.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2406 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 1150 | 1 |
View Market Depth
| Last trade - 15.09pm 12/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |