"nothing changed as per company announcement."
All this proves is that you haven't, or can't, read the company announcements properly. What this company first promised at PFS stage, to what they then delivered at DFS stage, to what they're now saying they're going to do ex-DFS (without actually providing any economic data to back up) has completely changed.
There's nothing wrong with liking the stock and the R/R at these levels - fair enough - but claiming nothing has changed is just a senseless ramp. Fortunately even the formerly rusted-on ADN fans will see through this. The share price is simply doing what all retail-froth stocks do eventually: reversion to the mean.
"nothing changed as per company announcement."All this proves is...
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $55.98M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $17.23K | 957.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29940 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3880999 | 14 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (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¢ | 122852 | ||
| Last updated 15.19pm 24/05/2024 ? | |||||
| ADN (ASX) Chart |