ADX 1.18% 8.6¢ adx energy ltd

If the Welchau drill outcome is not seen as a success by the...

  1. 616 Posts.
    lightbulb Created with Sketch. 71
    If the Welchau drill outcome is not seen as a success by the market, the share price will take a hit, that goes without saying.

    with Anshof disappointing the market, then the pre Welchau base price is going to be lower than we had all hoped, and so the post Welchau share price will not be pretty.in the event of failure.

    if Welchau is deemed a commercial discovery, then our current share price woes will be forgotten.

    I hope the proposed side track drill is successful, because it’ll validate their latest interpretation of the structure.

    Not an ideal week, but perhaps it’s a no gain without pain scenario, in the end.


 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $48.84M
Open High Low Value Volume
8.5¢ 8.6¢ 8.5¢ $38.39K 447.3K

Buyers (Bids)

No. Vol. Price($)
4 425042 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 145509 1
View Market Depth
Last trade - 15.02pm 03/06/2024 (20 minute delay) ?
Last
8.6¢
  Change
0.001 ( 1.18 %)
Open High Low Volume
8.6¢ 8.6¢ 8.5¢ 152921
Last updated 15.02pm 03/06/2024 ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.