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14.3%

0.8¢ andromeda metals limited

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bottle

3,619 Posts.

1041

06/10/21

17:32

Post #: 56611177
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Originally posted by graw87: ↑

Thanks for the reply bottle. Yeah kinda agree with you regarding insider knowledge on the present shorting. However not so sure on the previous episode, it seems to me that others on here have shown that a few dots can be drawn to the eventual cr and it seems pretty evident that a huge number of shorts were redeemed at that point - mere coincidence? Certainly hoping your right regarding what we presently face. I've had a thought that the present shorting might be a case of 'monkey see monkey do', some less sophisticated/connected shorters have seen some make good money shorting ADN and have assumed that they to should be able to make a killing. Perhaps they have taken on board the story put up by some posters that ADN is some scam play about magic clay and the BOA's are with fictional entities ect. etc. If they've been gullible/lazy enough to not research it, like many investors in the company have, then they will possible be thinking 'just short it and wait for the share price to drop and buy back'. I believe they are wrong and time will tell who made the right call.

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Totally agree with you Graw on all points.

My thanks to Lofty for the informed commentary.

ADN Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $25.45M

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

No.	Vol.	Price($)
76	31392304	0.007
58	23775989	0.006
26	15830122	0.005
7	8025000	0.004
6	18933334	0.003

Price($)	Vol.	No.
0.008	12405563	17
0.009	14753752	12
0.010	6582677	8
0.011	14396522	8
0.012	13445921	6

Last trade - 16.10pm 01/10/2024 (20 minute delay)

ADN (ASX) Chart

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