It is my view that anyone doing their due diligence on ADN will not buy in until after the share consolidation.
Historically consolidations never end well. Its our coin that get bashed/diluted not the free shares and options management hold.
Mum and Dads often after a consolidation don't even end up with enough shares to trade with.
I have been thru one where it was 80:1. You can imagine what that does to holding millions of shares (paid for with good hard earned money), especially when the end result was less than before it started.
The questions asked at the AGM took off the sugar coating and revealed a lot more truth as to what has happened in the past. Such as on the ship, off the ship, built, not built, testing to Australian standards and not our fault, it's the University.
This is the type of information that should have been divulged as many bought more shares based on the original announcements that have bee proven to be false.
Not happy at the moment and I believe I have good reason to be.
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1.7¢ |
Change
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Mkt cap ! $52.87M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $59.58K | 3.421M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 18607067 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 7568607 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 18007067 | 0.017 |
30 | 6161917 | 0.016 |
15 | 4437242 | 0.015 |
3 | 996428 | 0.014 |
2 | 1576923 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 6926607 | 8 |
0.019 | 2690171 | 6 |
0.020 | 493160 | 9 |
0.021 | 1150000 | 2 |
0.022 | 408654 | 8 |
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