Correct cuppa. I've held stock a while ago (MNS) that went from around 8m mkt cap to 200m mkt cap (app) and there was no production in sight. Markets price in future revenues/profits well before they are realised with blue chips. with specs it's the same PLUS a massive speculative punt, heaps of emotion, hype, FOMO, flavour of the month etc. you name it, it's alive in the spec market. ADN will be no different. The market will price in production well before it actually starts, well before!
All time highs above 2 cents are coming soon imo!, page-26
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.42M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $72.66K | 9.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 29366335 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 19430977 | 25 |
View Market Depth
| Last trade - 12.05pm 16/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |