It doesn't suit everyone to hold through a SPP, but this one I like a lot.
* It is very generous, which reduces risk.
* Pilbara leases are hot atm, and they have some close to mapped Mt Roe Basalt
* Rhod Grivas joins the company as Chairman as part of the deal. Proven company maker
* Eyre Peninsula project JV-ed out, allowing the company to "focus exploration activities on ... the recently announced Pilbara gold project"
* Ground floor entry ... In before the herd!
I just don't think that Grivas & Co are going to sit on all of this and hatch it. This deal was done to take advantage of the Pilbara action. I am backing them to get to work and keep ADN in the spotlight!
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Ann: Rights Issue - Letter to Shareholders, page-10
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $19.44K | 2.588M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 22052597 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 12135336 | 22 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |