I do agree with William1982 in regards to day traders and spruikers.
I averaged this share at 7c (first bought in at around 10c and also 4.4c and sold at 14.5c on the first day of hike.
Tried to play a little day trading today and got burned pretty quickly. By observing the buy and sell orders, seems many trades are done by professionals. Eg. I placed buy 20,000 trade at 20.5c (I was at the bottom of the order price) with 1,9million outstanding buy order for that price while the buying price was still at 21c with 1.9K outstanding. 5 minutes later, all the existing order for 20.5c disappeared with no sale happening and I end up buying and got burned. After that the price just kept going to 19c, 18c and to 16c..
Lesson, really DYOR and play at the game you know :) Happy trading / investing
adelaide resources on nightly news , page-10
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Last
1.7¢ |
Change
-0.003(15.0%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.6¢ | $495.0K | 28.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 7890786 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 229998 | 2 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |