With the incredible demand versus supply right now I reckon predictions are worth squat at present xsol - I half expected todays SP to be with us hopefully not too long before xmas - it took a week instead to get there LOL.
Who knows mate - its all speculation but the way it's going at present, IMO I don't think that 5-8 cents is an unreasonable figure nor out of reach and those figures may well turn out to be be under cooked if JM releases a red hot ANN regarding a foreign customer/s.
It's not often that an opportunity like ADN comes along as the greater majority of ASX hyped spec stocks are primarily a giant pump with a lifestyle board of directors very busy burying their heads in a feeding trough and taking the bunnies for a ride - Andromeda and the BOD's could not be further away from that and I agree with Megagene when he said that he hadn't seen an opportunity the likes of ADN in 20 years of trading.
What I'm sayin' probably sounds like a bit of a pump but sorry, it's what I believe in and why I had such a big crack when I started buying in earnest some 15 months ago.
I figure we don't need a lot of luck with the super high quality of our resource, the global demand and our particular set of Directors - the share price is going crazy and I hope for all of us that it continues atleast in a steady positive vein for a few years to come yet.
ADN Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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