Maybe some short term downward SP pressure here. My guess is that Canadian friends are not long term holders of little aussie biotech stocks. They will probably look to sell their 2m in the near future and just take the cash. Seeing they were free shares I'm also guessing they wont worry too much if they don't get 7.5c for them.
Still long term very bullish on our ADO but just saying that this stock overhang and the global market jitters might constitute some headwinds in the weeks ahead.
Hope I'm wrong.
Ann: Appendix 3B, page-2
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $83.79K | 3.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2097105 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 209711 | 3 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |