It would be nice to think that all gaps get filled; most do given they have extended periods before major news announcements. However, there are those few that have genuine investors on board that see an enormous opportunity to top up on weakness. As a result, leaving the impression to traders that easy money can be made by playing the gap trade. Unfortunately, ADN is not one of those companies. They have the resource, the grade, the customers and are preparing for production, and importantly we have big news pending -scoping study coming up very soon!
Regarding gaps, note AGY back in 2017 when they were trading under 10c. Can you spot the gaps....it later ran up to a high of 48c.
General comments/chat, page-1388
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2397883 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2031381 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |