Australian (ASX) Stock Market Forum

AAR - Astral Resources

10c

Is this going any lower?

Buying opportunity?

Based on charts etc it should be going to 18c or thereabouts.
 
Dont think it will go below .10c unless some hobnob is playing with the stock.
Although last 2 resistance levels were broken its going to be hard to break 4million @.10c buyers atm.

IMO

Wheres the cash when i need it most :banghead:
 
My yiew only,but I see this as great buy in opportunity.Backing my words just sold half BLR holding to soak up more AAR at 10.5c .AAR are now my biggest single holding on fundamentals for me,they are a winner.Many others have run am hoping this will as well.Gold Zinc Copper Lead Silver the bag of multi colored jellybeans.Remember,keep the faith,be strong.Also hold IMR and FWLO
 
Yeah well I hope we're right.
That 60 to 30mil MC (on CVN and NWE for me anyway) saw all sorts of funny things going on and then promptly took off. CVN in particular straight to 170mill MC ;).
I think Au results will be an immediate impulse on this and would be very surprised if we don't see some high grade results (even if their narrow).
First raw nugget I ever saw was NW of Widgiemooltha and saw lots of VG (from isolated nuggety transported zones) in the general vicinity.
Gotta come from somewhere:confused:

Recommended Troy resources (@ 21c :() to a dude in the Menzies pub on the trip down from Sandstone.
Never did buy them myself...........................

Maybe this time
 
Some one swallowed up 2M in one go at 10cents, wiping all the buyers at 10 cents. The guys in the know are snapping them up at any signs of weakness
kind reg
ang
 
What is going on here all stocks are crashing in the afternoon session, including aur little baby AAR. I am now in the "Poo", however i won;t sell as she will bounce back once the announcements are out
kind reg Ang
 
Had a tiny order in at 9.4c to top up, not really expecting it to get filled - but it did.

Curious why this is being sold off with assay results from Mandilla due soon. But, i still think the way this has traded in the last few weeks, an entry point in the 9's isnt too bad at all.
 

I shouldn;t have told everybody the stop loss was 10 cents, as i would think that the sell off bellow 10 cents was triggered by auto stop losses, especially whil most have bought between 10.5 and 13.5 cents. I will weathe the storm and wait for those minipulators in the new financial year starting to force the price back up.
kind reg
ang
 
I just topped again up at .094
Bring on the Announcement!!! i cant wait
When are you guys expecting the next Ann
 
i got some more at 0.092
lets hope it was a good thing....:eek:
but it s a very very red day today for me
only SSC is up at the minuit
as i see it
buying time is on...
cheers and good luck in this sea of red day
 
Lots of knife catching going on here. :eek: The fall in the XAO might not stop here gents, and will take everything with it. Maybe.

Old Chinese proverb: "Bottom pickers get dirty fingers!" :2twocents

Good luck.
 
Based on charts etc it should be going to 18c or thereabouts.
Money, sorry if you have provided this analysis in the past, but I can't see how you get a target of 18 cents. Can you please provide the detail? Cheers.
 
Not good, all stock are in red for me today part from, MRX, QTK, MTS. with the Market down so low 120 points these sort of small caps are going to be hit hard. We should see some resistance at 8.9 cents on this one and it may at take a while before it recovers, however it will recover, as they do have a good cash flow of $12M pa and as the MD stated a good end of financial year result with a profit, the only thing is we need to wait to this time in July for that result and i would say July would be a series of announcments that should see AAR back up there. I still have my target at 16.5 cents as per my previous posts.
Kind reg
ang
 
It might struggle to get back up to .13c with an announcement. It might take a while starting all over again but remember RMS announcement.
Hope it stays below 10c till next week so i can top up myself.
I read somewhere that this end of financial year time could be good to pick up some bargains
Kennas thanks for the warning, this could keep going south too so stop losses are important. Be careful holders and goodluck.
 
Well the only thing now to do on this one is to follow the 8,21 moving avergae line as this is the only good thing left to follow if you following the Chart. As shown on the attached graph those lines have not crossed down and on todays fall there has not been a deviation down yet recorded . With this in mind and the fundementals looking good i will hang in there and weather the storm in the next few days.
Kind reg
Ang
 

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jesus christ!

I cant really say much than what the other good people on here have already said, so this thread is mainly just to register my presence here after a surprising day with AAR and the whole market in general !

Well I know that this is a great buying time for AAR and I WILL be buying some more shares in AAR.. to add on to the now very big parcel I own.

Like ang and others have said, AAR is a good company with some anns out soon. There was also alot of volume today.

Aaron.
 
jesus christ!

I cant really say much than what the other good people on here have already said, so this thread is mainly just to register my presence here after a surprising day with AAR and the whole market in general !

Well I know that this is a great buying time for AAR and I WILL be buying some more shares in AAR.. to add on to the now very big parcel I own.

Like ang and others have said, AAR is a good company with some anns out soon. There was also alot of volume today.

Aaron.

Hi Guys, can we summarize the behaviours of these large buys and sells here today, after all, there must be some psychological activities and desires behind each trading, be it proft taking, panicking selling or "herd instint". If we can understand this then sure we have a better chance of knowing what's happening next?
 
Yeah good point ideaforlife.. well In my eyes i see it, as hert instinct and panic selling. Becuase I cant really see any other justification for a stock like AAR to go down by that much in the last 2 days.

In my eyes, and i know other people here share the same view as me, It WILL definitly rise up again.. Im not worried at all

I mean yes ok it did go down 1.2c today, but think about it, only a fortnight ago it went up over 2c in one day, so if it can go up 2c in one day, it can go down 1.2c in one day as well.. the sell side is quite thin all the way up to 10c so i think it was panic selling.

I think pick up a bargain while it can be had. AAR did drop down to 9.1 but then it was brought back up to 9.3, so there are buyers there. just probably not as many from the fall today and the general market sentiment.

I remember weeks ago when AAR reached 10.5c after being in the 6c range only the fortnight before, after it got to 10.5c it spend the next week / 2 weeks back tracking to the low 8cent range, and i was too silly to pick up more shares and then the next thing i knew, it flew to 10.5c again !
 
Wow current price seems a bargain

Anyone know when the next announcement is expected and what its reporting on?

Thanks guys
 
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