ADG 33.3% 0.4¢ adelong gold limited

Peter Mitchell's enthusiasm for buying on-market at $0.007 is...

  1. 1,652 Posts.
    lightbulb Created with Sketch. 669
    Peter Mitchell's enthusiasm for buying on-market at $0.007 is the right type of ADG cap raise advertisement for "Why pay $0.008 when you can pay $0.007".

    Depending on how much money materializes in ADG coffers during the current CR, maybe another modest drill campaign late summer / early Autumn CY2023 when the ground conditions have dried out.

    I was recently looking at Peter Proska's last 'Change in Substantial Shareholding Notice' in Jun'22 where he'd purchase 62million shares at $0.003 (i.e. 6.2 million shares @ $0.03 in post consolidation currency)...76% drop in value in (6) months based on the current SP.

    In the absence of near-term financial or gold discovery miracles, next Cap Raise for ADG sometime during H1 CY2023 with an offer price between $0.003 - $0.006 would be my guess.

    https://hotcopper.com.au/data/attachments/4920/4920513-ea14aaff1224ea9c1ce3cc1221217f01.jpg
 
watchlist Created with Sketch. Add ADG (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.001(33.3%)
Mkt cap ! $3.882M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $424 116.3K

Buyers (Bids)

No. Vol. Price($)
31 23908060 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 16926626 17
View Market Depth
Last trade - 11.09am 03/05/2024 (20 minute delay) ?
ADG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.