I would guess that most of the selling is coming from sophisticated investors that participated in the last cap raising (at $1.20 ps)They didnt get the big bounce they expected and are now bailing and pushing the price down.
Hopefully ARU will get smarter next cap raising and raise from current investors and longterm investors,....not the short-term speculators.
Based on fundamentals the sp should be closer to $2 now, and rising the closer we get to sales contracts and 2013 production.
I have topped up at these levels.
Occam
- Forums
- ASX - By Stock
- share price
I would guess that most of the selling is coming from...
Featured News
Add ARU (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $395.8M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 15.8¢ | $496.5K | 3.086M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 942705 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1299285 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 942705 | 0.160 |
127 | 6809821 | 0.155 |
88 | 3081402 | 0.150 |
24 | 1053773 | 0.145 |
22 | 3128454 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1299285 | 24 |
0.170 | 1277607 | 27 |
0.175 | 563913 | 13 |
0.180 | 941490 | 22 |
0.185 | 717072 | 16 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |