Some holders of $ADN might be tempted by $LRS. But beware, Halloysite in itself (pure state) is a very small market. The global pure halloysite market is only expected to be valued at 67m by 2025.
https://www.marketwatch.com/press-release/halloysite-industry-size-share-2019-global-market-growth-sales-and-drivers-analysis-research-report-2025-2019-09-24
What the real seller here is Kaolin with average Halloysite content of 18.4% (according to ADN). The standard threshold in high grade ceramics market is 10% Halloysite content.
ADN$ Has the profitable combination. The exposure to Halloysite for the future (which market is dependent upon further research and development) and the Kaolin market (with high halloysite content), which is to meet the Chinese high grade Ceramic demand (due to lack of availability in China, as mines have also been depleted over years of Ceramics manufacturing)
The other stock in question does not have the Kaolin-Halloysite experience of James Marsh (his pet industry for years). It comes across as a pump and dump.
ADN CHART, page-1464
-
- There are more pages in this discussion • 4,177 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.75M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $68.65K | 9.928M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 22643952 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 16693125 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 22643952 | 0.006 |
31 | 17508693 | 0.005 |
7 | 9100000 | 0.004 |
6 | 9448333 | 0.003 |
6 | 9650498 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 16693125 | 11 |
0.008 | 9815421 | 17 |
0.009 | 15023242 | 14 |
0.010 | 8107806 | 13 |
0.011 | 14987431 | 7 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |