Interesting to compare the lifecycle from explorer to producer in the above charts to where ADN is at right now. The Oyu Tolgoi chart seems very similar to ADN - i've highlighted where I think we are at with a yellow dot.
Looking at the ADN chart in isolation, I think we see some churn around 15-17c to break the blue trendline (note dropping volume) before we see the next leg up as we hit milestones and become a producer and dividend paying company.
ADN CHART, page-5021
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $22.28M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $20.77K | 3.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 10150082 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7545882 | 21 |
View Market Depth
| Last trade - 15.46pm 11/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |