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6.25%

0.9¢ andromeda metals limited

ADN pre-DFS target of $0.26 to $0.35, page-355

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seeker88

1,289 Posts.

85

05/07/21

15:02

Post #: 54290276
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Originally posted by Parallax: ↑

Much has changed since the late June date that we were told the DFS would drop. In some ways it’s a pity strong impressions were given and expectations based on them. I’m sure plenty of traders were anticipating this and the accompanying boost to the SP with money to be made. This has not happened so they’ve reduced/closed positions and moved on. And let’s not forget the shorters .

The flip side of this is that the company must remain agile & responsive to developments as they occur. The DFS is such an important milestone that it can’t be released one day to stick to an arbitrary ”deadline”, only to be rendered obsolete the next day by a major commercial development, eg BOA! It must reflect and be based on all the relevant factors in play at the time of release. Hence, the delay is good news.

Yes, it’s disappointing that the SP has fallen but in the long term it doesn’t matter to us LT shareholders. The only relevant, credible news flow we’re receiving is comprehensively positive so relax.

GLTH

P

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Been in since 2013! at 12 cents. Disappointed is an understatement- from my previous post.
and now ....... I just do not want to die before we see a decent return. Long term holder but jeeez you have to have patients!

ADN Price at posting: 15.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.001(6.25%)		Mkt cap ! $27.14M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$9.01K	1.001M

Buyers (Bids)

No.	Vol.	Price($)
41	17766066	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	15883499	24

View Market Depth

No.	Vol.	Price($)
41	17766066	0.008
65	32278248	0.007
51	23869777	0.006
23	15619437	0.005
7	8025000	0.004

Price($)	Vol.	No.
0.009	14883499	23
0.010	10644677	16
0.011	27396522	9
0.012	30095921	8
0.013	2380111	4

Last trade - 11.29am 08/10/2024 (20 minute delay)

ADN (ASX) Chart