My point to clarify above is not that ADO shares any correlation IMO to IBB index as it is weighted mostly to large US Pharma but in theory it is more relevant than the 30 DOW Jones companies.
If a company has fundamentals that are getting stronger and near term increasing cash flow and news flow and momentum then the stock will rise regardless of the daily US Yankee doodle
My long term investment plan has zero correlation to the daily gyrations of the US stockmarket - Only to watch for longer term trend changes developing
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.2¢ | $12.59K | 542.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 487271 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 200000 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ADO (ASX) Chart |