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ADN

5.88%

0.8¢ andromeda metals limited

General comments/chat, page-8858

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cuppa

9,561 Posts.

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03/06/20

09:50

Post #: 45000746
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Originally posted by Pezz69: ↑

Its good to see the majority of shares on the sell side are above 7 cents.

A lot of unhappy people about the SP drop, I must admit even I am a disapointed with the level of drop. 20% really is a bit of a joke on such good news. ADN seems to cop more of a hiding than most.

I have significant funds invested here and I didn't get in early like a lot of people so no multi bags for me as yet. On paper drop of $650k still hurts.

With all investments you do like to see a and annual appreciation of your investment, otherwise whats the point.

At the moment we are exactly in the same place we where 9 months ago with good progress and two great announcements. I am starting to have concerns about weather there are too many shares on issue a which creates such good liquidity for the pump and dump crew and maybe a share consolidation down the track would alleviate this somewhat.

I sincerely believe the SP action of going up and down so much is deterring a lot of investors as it is starting to look like every other small cap Pump and Dump stock on the asx.

Other reasons people get pissed off is when you see so many others shares multi bag at the moment in a few months and then question their investment strategy.

Anyway we all make our own investment decisions and I've made mine for the long term. Im still happy but I do have concerns on this happening again at the DFS and ultimately putting investors off jumping in as there is no apparent ongoing stability in the SP.

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Hasn't it multibagged in the last few months?

ADN Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change -0.001(5.88%)		Mkt cap ! $27.14M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.8¢	$10.17K	1.150M

Buyers (Bids)

No.	Vol.	Price($)
49	14954233	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	18530586	22

View Market Depth

No.	Vol.	Price($)
45	14691733	0.008
57	32111369	0.007
33	17288156	0.006
14	12806000	0.005
5	7400000	0.004

Price($)	Vol.	No.
0.009	17430586	21
0.010	10364677	14
0.011	27346522	8
0.012	30045921	7
0.013	2310111	3

Last trade - 14.32pm 11/10/2024 (20 minute delay)

ADN (ASX) Chart

General comments/chat, page-8858

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