I'm not sure what the motivation of the Twitter crew is, perhaps the guys with the bigger followings have a short position they are trying to leverage via social media. A conspiracy theorist could suggest its the brokers stirring the pot so they can get their fill now we are in the all ords index.
One thing they are doing is misrepresenting the facts, for example highlighting a 3 year old article saying global Halloysite demand is $50m. Now we know demand is way beyond that and growing exponentially whilst supply is non existent.
That aside, ADN isn't just pure Halloysite, we are primarily a high grade Kaolin company with very robust numbers as highlighted by Wombat.
Just a basic quick crude calculation on ceramics of $700t x 115,000t pa (processed product) = $80m revenue pa.
The exciting part is that is just the Ceramics, add in concrete, medical, nanotechnology and HPA and that is why we have $1b market cap. We now know that James is working on an additional 2 studies alongside the ceramics.
Bullish
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Last
1.6¢ |
Change
-0.002(8.82%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $50.77K | 3.170M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 7836242 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 651193 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 7836242 | 0.015 |
14 | 2836049 | 0.014 |
7 | 2633923 | 0.013 |
7 | 3955833 | 0.012 |
4 | 2365909 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 651193 | 10 |
0.017 | 3489652 | 13 |
0.018 | 3162774 | 11 |
0.019 | 3659762 | 9 |
0.020 | 1678444 | 14 |
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James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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