ADG 0.00% 0.7¢ adelong gold limited

Well its necessary to make shareholders aware of the divestment,...

  1. 139 Posts.
    lightbulb Created with Sketch. 221
    Well its necessary to make shareholders aware of the divestment, so it has to be announced. It may not be as exciting as mining results or the IPO, but having cash on hand is good and I think most would agree that putting more focus into Adelong is the right move, rather than spreading ourselves too thin, so this is a positive result IMO. The extra capital also reduces the amount required to be raised for the plant upgrade and other capex, reducing further shareholder dilution, as mentioned above.
    Last edited by jovialmonk: 12/10/20
 
watchlist Created with Sketch. Add ADG (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $7.826M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $50.59K 7.196M

Buyers (Bids)

No. Vol. Price($)
17 13152752 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 6880101 16
View Market Depth
Last trade - 15.16pm 21/06/2024 (20 minute delay) ?
ADG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.