So the shorters have had a win. I expect those same people/funds will use a bunch of paid posters to drive the SP higher. The DFS announcement will be there starting point. As they get a x3 lift on the cheap stock they've bought, they'll sell... and then rinse and repeat. Until ADN announces more offtake agreements and tangible ongoing revenue from operations, we can expect to see the same because that's the nature of a speculative miningstock. IMHO... sit back and relax for the long haul.
ADN CHART, page-4718
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Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $22.28M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $50.96K | 8.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 7954833 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7895228 | 18 |
View Market Depth
| Last trade - 15.59pm 06/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |