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1.85%

2.7¢ adalta limited

Minimal downside risk with EV circa $11mill. Upside on deal is...

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rogerdat

6,347 Posts.

434

12/03/24

18:45

Post #: 72855342
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Originally posted by debono ↑

Well rightly or wrongly I keep loading up on the oppies. I don't know whether the deal will be concluded before expiry but management would be crazy not to bank another $5.1m imo.
I also am hopeful that the deal gets done sooner than later as Tim has anounced that they have been in conversations with potential partners already and they have now ticked off the rquired boxes to get a signed deal done.
It may get bacl to 2.5c who knows? It can just as easily move into the 3's as majors look to take sizable positions before pen is put to paper.
Keeping a close eye on broker data!

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Minimal downside risk with EV circa $11mill.
Upside on deal is huge.
Timing,who knows? but my call is by mid April.
We await.

1AD Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change -0.001(1.85%)		Mkt cap ! $13.84M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.6¢	$41.84K	1.576M

Buyers (Bids)

No.	Vol.	Price($)
1	346984	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	518000	2

View Market Depth

No.	Vol.	Price($)
1	346984	0.026
3	400082	0.025
2	46000	0.024
1	66455	0.023
1	70671	0.022

Price($)	Vol.	No.
0.027	518000	2
0.028	179018	1
0.029	681148	3
0.030	500000	1
0.031	17039	2

Last trade - 14.44pm 06/05/2024 (20 minute delay)

1AD (ASX) Chart

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