Company has just cr was over subscribed, has no debt and massive BOA for 5yrs which more than funds the whole project. There were 24m shorts after cr , I think they have been trying to get out but price moved up on them to quickly 3weeks ago they covered down to 18 million but then there was exploration announcement and price moved to 20c so have kept shorting . Goal frustrating shareholders into selling so can cover at 15c but there position has ballooned out to over 31 million shares short, ADN looks sound don’t be fooled by negative comments. this stock will rocket pass 20c when they have to buy those shares back .
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $92.03K | 11.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 31392304 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 12405563 | 17 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |