Drilling results need to be spectacular for the Market to fall in love with ADG & the Market response to today's announcement is 'as expected'.
The grades & intercept widths are somewhere between average to reasonable, but certainly nothing spectacular (i.e. wide bonanza grades) to inspire the Market to re-rate the stock.
Looking ahead at ADG's potential near-future announcements...
- More drilling results similar to today's announcement.
- An updated investor presentation (maybe).
- Details regarding the next CR (placement or entitlements issue).
In the current Market circumstances (where it's a bit more difficult to raise decent amounts of cash compared to previous years), I wonder what the offer price will be for ADG's next cap raise campaign?
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Drilling results need to be spectacular for the Market to fall...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.912M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $525 | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
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43 | 36361726 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 5453843 | 9 |
View Market Depth
No. | Vol. | Price($) |
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43 | 36361726 | 0.003 |
14 | 44440000 | 0.002 |
14 | 146355000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 5453843 | 9 |
0.005 | 6826512 | 11 |
0.006 | 9091000 | 6 |
0.007 | 7853301 | 8 |
0.008 | 2012233 | 5 |
Last trade - 10.00am 22/08/2024 (20 minute delay) ? |
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