Your pretty much on the money there 300850. I don't trade because my average is about 50c, and I'm saving the tax loss for a rainy day. That said, as John435 has shown us, and as the company themselves convincingly present, they have some excellent tenements and many opportunities.
The fall from 90c was based on a great deal of excitement around one lease area primarily involving manganese. The grades were insufficient for direct shipment and optimisation didn't produce much better, so down she went.
The potential value and interest remains, and was demonstrated by the recent spike on speculation of essays, also disappointing.
These two events only relate to a small area of ARM's tenements, most of the more exciting ones remain to be properly explored.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
5 | 1298995 | 1.9¢ |
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Price($) | Vol. | No. |
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2.0¢ | 32834 | 1 |
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5 | 1298995 | 0.019 |
6 | 767022 | 0.018 |
9 | 537510 | 0.017 |
2 | 600000 | 0.016 |
4 | 447733 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 32834 | 1 |
0.023 | 147124 | 1 |
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