Have gone head to head with one particular ramper of this stock for about 3 years now. I have always been negative on ADA (basically due to management incompetence), and my post some 6 months ago sums up my view:
"That's the sad thing about this stock - lack of investor faith in management's ability to turn sales into profits.
Market has seen it all before - one positive announcement after another, yet somehow it never flows thru to the bottom line.
Makes you wonder if management will ever get it right, they certainly haven't been able to for the past 3 years.
It's no wonder the market is cautious and sceptical."
Funny (but sad) to note their latest results continue the same old story - another loss and empty promises of good times to come.
Have gone head to head with one particular ramper of this stock...
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Last
50.0¢ |
Change
0.005(1.01%) |
Mkt cap ! $38.11M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.5¢ | $6.936K | 13.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89400 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 19990 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ADA (ASX) Chart |