Looks like there is a combination of another large holder dumping combined with other small sellers exiting the shares.
It appears to be the 'give up' stage and they are heading to greener pastures. Lots of them around with nothing but negativity around ARC.
The share price appears to be unable to make any positiveheadway despite the increased price of oil , the continual number of good completions,and potential for Canning Basin.
I always make my biggest investing mistakes at the 'give up' stage......
So I'll hold for break even and maybe reduce my position (second biggest mistake time to sell!!).
Hopefully, someone will make an offer for the company before then!
Looks like there is a combination of another large holder...
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |