ADO 4.35% 2.2¢ anteotech ltd

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  1. 3,179 Posts.
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    It may hit 0.13 given the bids at .135 are quite thin, however, I would assume it would hold here.

    Reason being the majority of those that received an allocation via the CR, and were intending to offload for a quick profit before the Christmas break, would have done so already. If anything the SP may increase slightly as i feel it's been sold off a tad too heavily given all the positives that have been highlighted on this forum over the last day.

    Volume was quite high on Friday (15M) however the SP was relatively well supported and closed at 0.14 which would suggest to me that an accumulator may also be at work again.

    Anybody got the VWAP????

    Given we are now moving into the holiday break, I would assume the volume to drop off and the SP to trade between 0.13 and 0.15 until next year when an announcement is made. Some consolidation would be healthy for the SP and would also create a nice support level.

    All in all I think we could see it touch 0.13 again, however, given all the great things in store for ADO in 2014 I don't think it would stay long at this price.

    DYOR

    Have a great Christmas break guys
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $54.30M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $10.68K 485.7K

Buyers (Bids)

No. Vol. Price($)
5 799999 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 484813 4
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
2.3¢
  Change
-0.001 ( 1.32 %)
Open High Low Volume
2.2¢ 2.3¢ 2.2¢ 701410
Last updated 15.59pm 10/06/2024 ?
ADO (ASX) Chart
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