ADX 1.04% 9.7¢ adx energy ltd

Ian Tchacos taking his sweet time to make this diamond in the...

  1. 155 Posts.
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    Ian Tchacos taking his sweet time to make this diamond in the rough shine ... he has been in the company since 2010 ... surely enough time.
    But we know he got distracted in Tunisia, Italy, Romania ... maybe Austria will work out

    Re MCF Energy valuation - it is a bit like saying that Blackkrock has a higher valuation than Silicon Valley Bank ...
    Blackrock has a call on money, strong shareholders & management, and people are valuing that, not their one farm-in interest where their commitment so far is ~$100k (thee rest of 50% of well cost is only thee if ADX finds the other 50% of funding.
    MCF can write off the $100k and it won't affect them. ADX, on the other hand, has to keep trying to attract funds. Perhaps another share issue in the offing
 
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9.7¢
Change
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Mkt cap ! $55.09M
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10.0¢ 10.0¢ 9.7¢ $40.40K 413.8K

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No. Vol. Price($)
1 247299 9.7¢
 

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Price($) Vol. No.
9.9¢ 200000 1
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Last trade - 15.37pm 28/06/2024 (20 minute delay) ?
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