I will not be surprised if this closes ABOVE 5c today itself...
the "delayed" movement after an ann means that the market had to rethink the numbers presented and were caught off guard initially.. but after a night's rest, they have warmed up to... as the day progresses, the strength will increase and 5c+ is possible...
this is very similar to how BGS' ann was received last month re Lithium play acquisition... the sp was 6.5c or something and it jumped to 8c but stalled for 2 days before EXPLODING to 35c in a few weeks even though a CR was ann...
ADV is on Day 2 of this run after yesterday's ann... 5c is within reach and let us see how it goes beyond that... we are in blue skies territory atm... anything is possible... not many culd have predicted PLS being at this MC in 2016 last year...
Outstnading initial results!!!!, page-171
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $8.127M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $25.41K | 188.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83721 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 8377 | 1 |
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| Last trade - 14.49pm 05/08/2024 (20 minute delay) ? |
| ADV (ASX) Chart |