ADN 0.00% 1.6¢ andromeda metals limited

How about we do a little bit of "Price Discovery"?That is...

  1. 1,119 Posts.
    lightbulb Created with Sketch. 331
    How about we do a little bit of "Price Discovery"?

    That is "persuade" the custodians to recall their shares: the SP will then find it's true level.

    Then do a CR: but we all know that wont happen

    Of course it's highly likely associates of the "Custodians" will benefit greatly from a CR at low levels, while retail gets shafted again.

    I would hope NBSB is switched on to this.

    The ideal scenario would be substantial Debt Funding with a modest SPP for Retail to make up the balance.

    Shorts could then go and get stuffed.
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $48.20M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $46.02K 2.928M

Buyers (Bids)

No. Vol. Price($)
3 84953 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 3096317 10
View Market Depth
Last trade - 15.55pm 12/07/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.