USA market has decoupled from ASX
AMMRY The volume has been 8-13 times greater than the average in the past few trading days Closed at AUD0.316 The high was AUD0.33
ARRNF The volume has also been 2-3 time higher than average. Closed at AUD0.32 The high was AUD0.35
The ASX is easier to manipulate. I believe there are more short term traders, nervous holders and price suppressors with a range of agendas. Also the increase in negative posting is a good buying indicator. I have them all on ignore. I only know of them through Batboys posts excoriating them.
The shares are increasingly going into astute American hands. I predict Americans will have over 51% of ARR in a years time.
Alpha Dont pay too much credence to The Geoinvest blogger who loves the can of worms metaphor. Ive watched him. If he was that good he would be making millions investing - following his own advice. Also he wouldnt need to be begging for money to keep his blog going ie to pay for his groceries. Don't overthink this one Alpha. The best investors commit and hold the course. eg Gina Twiggy Buffet etc.
USA market has decoupled from ASX AMMRY The volume has been 8-13...
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $116.1M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.5¢ | 23.5¢ | $233.7K | 952.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 102552 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 10200 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ARR (ASX) Chart |