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ADN

14.3%

0.8¢ andromeda metals limited

ADN pre-DFS target of $0.26 to $0.35, page-82

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blackjackson

56 Posts.

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18/09/20

08:20

Post #: 47437094
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Originally posted by wombat777: ↑

I've worked towards a better diversified portfolio. Currently diversified into 4 speculative holdings (although MSB is not really that speculative). 2 holdings are substantial due to growth and the other 2 are smaller.

My opinion is they are all 5 to 10 baggers in 12-24 months, although one of them could do much more than that.

So my general aim is to diversify across a number of multi-baggers.

At some point I may take on early positions in others.

One way to look at it is to think about probability of success of each of your holdings to achieve your personal goals and choose position size accordingly. To do that you need to look at what management is doing and determine probability they will deliver on their objectives without excessively diluting shareholders. You also need to look at market sentiment, peers and so on. Make sure market fundamentals for the business your investments are in is strong.

You don't want to be too heavily invested in segments where commodity prices are in a slump.

For biotechs you need to look at market growth of the therapeutic areas the companies are focused on.

Expand

Appreciate the response, thanks

ADN Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
62	21695455	0.007
50	20675989	0.006
28	14731122	0.005
8	10525000	0.004
6	19278333	0.003

Price($)	Vol.	No.
0.008	12090336	21
0.009	15782560	15
0.010	8936966	12
0.011	14267431	6
0.012	13520921	6

Last trade - 16.10pm 27/09/2024 (20 minute delay)

ADN (ASX) Chart

ADN pre-DFS target of $0.26 to $0.35, page-82

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Featured News

Buyers (Bids)

Sellers (Offers)

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ADN pre-DFS target of $0.26 to $0.35, page-82

Top Stories

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

ACCC seeks Olam divestments before it can buy Namoi Cotton

The market's shrugged at China's stimulus measures all year. Why is this one different?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News