"Many have made a motza out of ADO and not in a good way. Trading it. False hope, raising hope, smashing down doubters, rinse and repeat."
Just what the hell do you think the stock market is then?
It serves two purposes. The primary purpose of the market is for a company to be able to raise funds to expand or improve their business without having to borrow the money, ie no repayments or interest!
The secondary purpose is for the people that buy the stock to get a share in the profits of that company (if it succeeds) in one of two ways - dividends or trading the stock for a higher price.
It's THAT simple!
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Ann: Share Purchase Plan - Extension of Closing Date, page-48
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $495 | 23.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 452640 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 642809 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 452640 | 0.021 |
18 | 2477550 | 0.020 |
8 | 2890767 | 0.019 |
8 | 622665 | 0.018 |
3 | 94160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 642809 | 7 |
0.023 | 422310 | 4 |
0.024 | 306228 | 2 |
0.025 | 214144 | 4 |
0.027 | 573112 | 1 |
Last trade - 12.31pm 17/07/2024 (20 minute delay) ? |
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ADO (ASX) Chart |