LoL, Hilarious, always the anthem of hotcopper holders if someone is critical on the company, must be a paid down ramper? Or a trader wanting a fill lower I know you must be in a world of pain here too, its not a good feeling coping 85% hit after holding for years.
Just be weary that hotcopper posts dont affect anything, you are not communicating to big sellers or big buyers on here that are going to take notice of a post and make a decision based on a post. People with that kind of money dont base buys of $150k+ on random internet posts. The selling is market driven, based on ADNs managements failure, and also knowledge that we are going to be needing funds in an environment where getting capital is getting increasingly more difficult and we are trading at multi year lows with a placement likely to come in undersubrcibed given we are trading under the placement price.
Here is the updated trading history for ADN:
Average volume is 15.9 million shares a day, around $300k worth, if you think hotcopper posts are going to get some people to sell $300k worth of shares, in order to what , so the hotcopper poster might get hit on the order, thats already trading at multi year lows that they can buy on market anyway? Just nonsensical. You actually even think about what you say before lashing out with that rubbish?
The biggest volume we ever got flowing through the stock has been days of dumping stock, this is not due to games on hotcopper (hotcopper posts arent affecting 250 million shares of selling as we have seen the last 4 trading days) , its always the anthem of hotcopper holders that whenever the share price is down "its the big boys trying to take your shares" "tree shake" "bots at work" "traders manipulating the stock" and now add "paid downramper" "hotcopper poster trying to get your shares" with absoutely no knowledge of the mechanics behind it, cant just admit that share price is what it is because thats the value the market sees it as in this case its legitimate volume exiting the stock at multi year lows because the management have not achieved anything and are going to be needing funding to pay themselves whilst the share price is at multi year lows. Whenever someone thinks hotcopper posts do anything meaningful to the share price its a clear sign they have no idea on the actual mechanics behind it and what it would take for hotcopper posts, especially negative, to actually affect the share price.
No one to blame but yoursef, not big boys , not "paid downrampers" lol, take some responsisbility as you say look in the mirror, this is your fault for blindly trusting this management, not looking at macro signals and management taking salaries out of the company accounts that are WAY over industry standards. Brutal for all, but hope you can learn.
(20min delay)