I own both ADN & MEP and I would be all in support of a scrip offer if that were to be the case. 1.5 ADN shares for every 1 MEP share, although some holders would be hesitant about this dilution, they should also realise that ADN 100% ownership of the GW project given the size and grades of Kaolin and Halloysite + the full ownership in NNT venture would significantly value ADN MC further more.
ADN can then be truely as JM says, steering the sail as leaders "in all things halloysite".
I own both ADN & MEP and I would be all in support of a scrip...
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $41.96M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $11.77K | 1.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 7747018 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5961630 | 11 |
View Market Depth
| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| ADN (ASX) Chart |