Good question. I suspect most are here because of, and (naturally) hoping that Welchau pays off. The odds are it won't, but if it does, the pay off is beyond huge so an awesome asymmetric risk return opportunity. I'm a long term holder so won't be selling if Welchau is a dud (but I expect I'll be in the minority). There is more to ADX than just Welchau but it is definitely a potential king maker.
Cheers, Brett
Ann: Anshof-2 Appraisal Well Update - Report No 5, page-34
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Last
9.9¢ |
Change
-0.006(5.71%) |
Mkt cap ! $59.71M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.9¢ | $79.68K | 782.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 164259 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 175000 | 2 |
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| Last trade - 11.46am 30/08/2024 (20 minute delay) ? |
| ADX (ASX) Chart |