The problem is that there are cheap stocks all over the place and the speccies will lag considerably when the market eventually turns. I've bought a stack of IAU at average 12c and it's trading on a 2009/10 P/E of 1. So you buy a gold producer on a P/E of 1. It makes ADI look expensive even at 20c, doesn't it?
"If" ADI runs hard on good news, I suspect it will be short lived in the current environment.
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Last
$2.93 |
Change
-0.015(0.51%) |
Mkt cap ! $929.6M | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.91 | $1.365M | 465.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 44051 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 20143 | 27 |
View Market Depth
| Last trade - 15.50pm 12/08/2025 (20 minute delay) ? |
| DXI (ASX) Chart |