ADV 0.00% 13.8¢ ardiden ltd

I think a reason why the SP is having trouble gaining major...

  1. 31 Posts.
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    I think a reason why the SP is having trouble gaining major ground atm, even with the very solid data that is on display, is simply the shear volume of shares that are in play. I understand there are around 1.6 billion floating around. It takes a massive effort to get the SP to raise just 0.001 let alone run up in multiples with soooo many shares compared the the size of this operation. This coupled with the previously buy in price at .003 makes it attractive for sellers to continuously make profit from a cheap share. The time will come when this will have to be addressed and a reconstruction of the SP will take place.. then I feel gains will be bigger and more stable.
    Just an opinion... as always happy to be corrected.... I'm not selling any time soon smile.png
 
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