Australia's largest stock trading and investment forum Australia's #1 stock forum

ADO

Click for more information

0.00%

2.1¢ anteotech ltd

Ann: Share Purchase Plan - Extension of Closing Date, page-49

First 49 Last

Share
Profile

Follow
Rameez

12,302 Posts.

694

10/05/24

15:10

Post #: 73766438
Share

Originally posted by 62strat: ↑

"Many have made a motza out of ADO and not in a good way. Trading it. False hope, raising hope, smashing down doubters, rinse and repeat."

Just what the hell do you think the stock market is then?

It serves two purposes. The primary purpose of the market is for a company to be able to raise funds to expand or improve their business without having to borrow the money, ie no repayments or interest!

The secondary purpose is for the people that buy the stock to get a share in the profits of that company (if it succeeds) in one of two ways - dividends or trading the stock for a higher price.

It's THAT simple!

Expand

In fact the only way to make money out of speculative shares is to trade the bejesus out of them. Nothing dishonourable about that as long as you are not part of the pump it at all costs brigade.

ADO Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

Reply

Top Stories

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

VMM

Virdis Mining flags breakthrough with 76% neodymium and praseodymium recoveries

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

There are more pages in this discussion • 5 more messages in this thread...

First 49 Last

Add ADO (ASX) to my watchlist

(20min delay)
Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$495	23.55K

Buyers (Bids)

No.	Vol.	Price($)
1	452640	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	642809	7

View Market Depth

No.	Vol.	Price($)
1	452640	0.021
18	2477550	0.020
8	2890767	0.019
8	622665	0.018
3	94160	0.017

Price($)	Vol.	No.
0.022	642809	7
0.023	422310	4
0.024	306228	2
0.025	214144	4
0.027	573112	1

Last trade - 12.31pm 17/07/2024 (20 minute delay)

ADO (ASX) Chart