Australian (ASX) Stock Market Forum

AAR - Astral Resources

i think its related to RMS' trading halt... like last time when AAR shot up with RMS, prob the same reason.

This announcement could be any one of there other projects and will be announced Wednesday 18th the latest. If it has anything to do with their project close to Mandilla it will definately have an impact on AAR imo. Hope so anyway. Its getting closer. Goodluck
 
Good to see it give that descending triangle a kick in the a$$ today too:)
With a bit of luck this third cycle will break up through the 13.5c peak:cool:
 
Good to see it give that descending triangle a kick in the a$$ today too:)
With a bit of luck this third cycle will break up through the 13.5c peak:cool:

Can't believe no one put anything up on the thread today hit 11.5 cents for the magic third time today (tripoint resistance) Going up with high volume and going down with low volume. I noticed what is keeping the OBV up are the sellers, reluctant to go below 10 or 10.5 cents, with most more willing to sell @ 11 to 11.5 cents. Once the buyers come in as the last time I saw the OBV the buyers were at 8M and sellers @17M, however the sellers were from 11 cens to 20 cents with the bulk of them at the higher end. This baby will fly if the news is good regarding the grades, however I din't see it going down too far if the grades are not as good as it's neighbour as the annual profits will be out standing.
kind regards
ang
 
Hey Ang....and others..

I saw that today as well....touched 11.5c but then fell back slightly. I believe next week will be a good one for AAR as i anticipate many more getting on board before the quarterly.....the grades are not "expected" to be as good as RMS...but Koongie Park plus the U prospect will add to the flavour..not to mention the $15-17m in the bank...and without a share issue....which adds further strength to the market...

Good luck to all holders...i only wish i had more !!
 
Gday ladies and gentlemen, just basically a post to let you all know im still in with AAR and it looks like its still going good. An announcement soon would be great.. hasnt had one for many months.. and yeah the recent price action has been very good as well.. quite a nice surprise earlier on this week, and good to see it rebound up again today.

Again, thanks all for posting their opinions, its good to help keep an open mind. but it all is looking good then.

Lets see what tomorrow brings us !
 
From our friends next door at RMS :)
You can see why the rocklickers get all excited.....................
 

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and while I'm in the groove, lets see where the upturn takes us.
Excuse the chart but I'm only a roughie:eek:
 

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JTB

I like the look of that chart.

I have see it going to 18c min IMO.

The wait is a bit annoying but buying in originally at 7c, I shouldn't complain.

LOL.
 
The price of AAR in 1-2 months time could be anything, 20c + imo, nice chart jtb, trending upwards now so im happy
 
Looking at todays trades, heavy buying around mid morning, when the buyers stopped the sellers moved in and trimmed the stock down a bit.
Still waiting for that ann. Might get it soon and with their 4th quarter activities report end of July
 
Yep.

Things are looking good. I am excited.
Close of 13c which is up over 18% today.

News coming and sure to be good if the action of late is anything to go by.
 
Yep.

Things are looking good. I am excited.
Close of 13c which is up over 18% today.

News coming and sure to be good if the action of late is anything to go by.

Tell me about money, it was exciting hey. Hope this beauty keeps going now. Lots of ppl jumping onboard now.
:D
 
I can't believe it, AAR has also formed a weekly Darvas box so if she crosses past 13.5 cents, then a 18 cent target is not out of the question, being the depth of the box.
kind reg
ang
 

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The close on 13c was a good sign wasn't it.
Some more big buys going through too which I thought may have been props but sat and got filled:)

Looking at the last similar candle a mirror would suggest 15c in the next couple of days.

With a bit of luck the comparison market cap's of TNG (>100 mil) and RMS (>200 mil) will see 20c (100 mil) straddled directly:rolleyes:
 

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The sell side of AAR is looking quite thin isnt it ! Not very many sells left at 13cents and alot of buys at 12.5c.. looks like tomorrow could be into new terroritory for AAR.. tomorrow could see it close quite high! I cant wait to see how it all pans out.. !!
 
I agree with ya mate, buyers been building up recently. Everyday has seen another breakthrough. So Wed could be good, especially if the ann comes out.
 
I agree with ya mate, buyers been building up recently. Everyday has seen another breakthrough. So Wed could be good, especially if the ann comes out.


Held very well today considering how much the Market went down,
found support at 12 cents and it is good to see yesturday a double top at 13.5 cents, all we need is a third to make the break out even better
kind reg
Ang:2twocents
 
According to a member on another site an ann was supposed to be released by AAR today (you may have seen it Ang), but im glad they didnt coz it wasnt a pretty day for the market. Maybe to cover their own butts and also woulda ruined the excitement of the price. Hopefull they will release it soon and on an up market day.
 
If there was an announcement don't they have to be sent to the ASX who then approve it or do the actual release?

This usually takes a day or so to eventuate so AAR couldnt have pulled the announcement based on last nights US action.

Of course i could be totally wrong and would welcome any comments.

Either way i have been holding AAR for a few months now and added to my holding again on the strength shown today.

Onwards and upwards...
 
If there was an announcement don't they have to be sent to the ASX who then approve it or do the actual release?

This usually takes a day or so to eventuate so AAR couldnt have pulled the announcement based on last nights US action.

Of course i could be totally wrong and would welcome any comments.

Either way i have been holding AAR for a few months now and added to my holding again on the strength shown today.

Onwards and upwards...

Thats wat i thought too but this member reckons that they had a phone conversation with someone involved and was told it would be today, so its either false or AAR decided not too. But will be soon and holders will be smiling i hope.
 
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