Technically ADX has been in downtrend >10 years, been sliding sideways since 2014 (made all time low in early 2016), made a higher low and currently forming a bull flag for another pop higher.
Fundamentally recent announcement/s suggest that "ADX looks forward to providing shareholders with a revised economic assessment for the project by the end of February 2017 and actively pursuing farmin or co-investment discussions with other oil companies and/or financial investors".
Weekly chart looks pretty good IMO
History, page-13
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.19M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $13.48K | 132.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 365265 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 442550 | 4 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| ADX (ASX) Chart |