Guys/gals, don't pull your hair out wondering why the SP isn't going up on news...it's simple - ADN have done 2 x CR with PAC, one at .006 and one at 4.7c for a total of 350m odd shares shares released, at an average of about 2.3 (maybe a little more, like 2.5) - these guys are still collecting a bag every time they sell a batch at this price, and they aren't going to sell it all at once, that will scare folks off, they have control of the SP right now, I don't blame them, they've played it beautifully imo, they also got super lucky that ADN went to them for both CR, imo this was a mistake, but that's a different story.
Ps. this slow down will happen again around the 9.5 - 10c mark. Profits are profits and 100% profit = a bag, and everyone loves a bag. Lots of games to be played between now and when dirt gets broken in 2021. Dont get hung up on the SP - just re read Wombat777 and PICT posts and DYOR to help reassure you that ADN is a gem in the making. And HALLOYSITE is the key to all its success.
Guys/gals, don't pull your hair out wondering why the SP...
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.7¢ | $25.83K | 1.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4347850 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3045798 | 16 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
0.001 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 263596 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| ADN (ASX) Chart |