ADN 0.00% 2.0¢ andromeda metals limited

10:1 consolidation Yay or Nay?, page-17

  1. 2,586 Posts.
    lightbulb Created with Sketch. 93
    I agree consolidation is largely a cosmetic action.
    Have been through a number over the years and mostly relating to micro/small caps looking to gain greater market exposure and ability to attract capital. Rarely have I seen it produce any long term benefits. Splits are a very different matter.
    Consolidation changes absolutely nothing about the fundamental structure of the company or its ability to complete its exploration or projects.
    Andromeda have a team that will see it produce as promised. If we were three to four years away from potential production and mostly unknown to the market I might say yes ?
    But for me it is a definite no.
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $62.20M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $1.717K 85.84K

Buyers (Bids)

No. Vol. Price($)
8 2222568 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 504462 5
View Market Depth
Last trade - 12.18pm 29/07/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.