Nice to see some vindication for those whose supported the company through the CR and the rights issue.
The funds raised are the funds we are now surviving on, and the compensation is a tidy paper profit on a 1.2c purchase for both ADN and ADNOC
The price appreciation is possibly due to someone taking a position, retail following, but mostly in antipication of signing a deal which is step 1 to $140M EBITDA (years away and I'm happy to wait for that). Some sizable buys though. One buy was $40K in options just a couple days ago
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-38
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $45.76M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $61.34K | 4.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 16034175 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 6174539 | 11 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| ADN (ASX) Chart |