ADN 5.88% 1.6¢ andromeda metals limited

General comments/chat, page-16702

  1. 451 Posts.
    lightbulb Created with Sketch. 661
    And people wonder why money flows from mum and dad investors to the big end of town...

    This morning was a textbook shake by the big boys. Rattled holders into thinking the announcement wasn't as good as they probably actually knew it was - all they needed to do was step back and think of the fundamentals and the story unfolding here. Many retail investors let their emotions get hold of them and sold into the dump. Now the instos have switched the switch back on and the SP is going from strength to strength. New all time high of 44c as I type.

    Sure the announcement was only for 5000tpa, but it's who it's to and what it represents for the future of this fine company that is so valuable.

    There will be plenty of people ruing their decision to sell this morning, but it's certainly not too late to buy back in.

    - DFS in Q2
    - Additional BOA's to come
    - Drilling of mount hope complete with results being compiled
    - Production in a year
    - further info on nanotech, concrete and HPA on the horizon
    - Camel Lake to be accessed
    - More drilling of the Great white dorsal fin, etc.
    - Divs in the future (although I'd be happy if it was later rather than sooner; let those profits be pumped back into the ADN machine to maximise the opportunities in nanotech, concrete and HPA first imo - although I have full trust in JM)
    - Most importantly of all...Phenomenal management

    What's not to love?

    Just sit tight, don't let the short term SP take hold of your emotions and let your investment take care of itself.
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
-0.001(5.88%)
Mkt cap ! $49.76M
Open High Low Value Volume
1.6¢ 1.7¢ 1.5¢ $92.09K 5.787M

Buyers (Bids)

No. Vol. Price($)
1 190908 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 3456624 11
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.