ARI
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2.86% 3.6¢ arika resources limited

Not bad News,But Price Gone down,Why?, page-44

  1. 8horse
    34,340 Posts.
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    24/01/15
    15:36
    Post #: 14635976
    It's sinking cost. It's industry wide, BHP, rio, etc they all will have impairment provision.
    Stock valuation is focusing on current and future.
    Stock price has been already priced in write down. Price Book ratio, was 20.5c : $1.29 NTA, now is still 20.5c : 88c . In fact, curent share price has priced in further $2b impairment.
    ARI Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
3.6¢ 		Change
0.001(2.86%) 		Mkt cap ! $22.26M
Open High Low Value Volume
3.5¢ 3.6¢ 3.2¢ $77.64K 2.282M

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No. Vol. Price($)
2 270000 3.3¢
 

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Price($) Vol. No.
3.6¢ 132670 2
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