ADD 0.00% 0.4¢ adavale resources limited

Ann: Trading Halt, page-10

  1. 541 Posts.
    lightbulb Created with Sketch. 103
    In my view.... the raise last year should have been announced with the good initial drilling results in Tanzania and the price hit a high of 3.8c. That high was hit with many selling off for a profit...as I should have done. Instead the cap raise was done too long after that impulse with a falling shareprice. Priced at 1.9c with a free option meant it anchored the price to 1.4c.

    they actually continued to get good drilling results in Tanzania but failed to get any momentum because of that poorly timed raise (though I know they needed to do it). Plus, the share registry needs some backbone.....the con notes aren't helping.

    But, I'm still in and hoping for a good 24 with some U news!
 
watchlist Created with Sketch. Add ADD (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $4.261M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
9 9530999 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 6958275 12
View Market Depth
Last trade - 16.12pm 17/07/2024 (20 minute delay) ?
ADD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.