ADD adavale resources limited

Hello all,Am I missing something here? Recent arrival in the...

  1. 542 Posts.
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    Hello all,

    Am I missing something here? Recent arrival in the stock paying 2.0cps to be a part of the drilling so please excuse what could be seen as a simplistic question.

    I see an update which says mineralised zone hit in every hole (I assume there is enough in alteration/visual to allow this confirmation pre-assay) and that the programme is as a result being extended. Yet it sells down to 2.0cps.

    I can only assume that people several days agao paying 2.0cps for the lottery ticket of drilling are not the ones selling here. I appreciate that existing shareholders are long suffering. Is this just a case of existing shareholders selling into volume to 'wash ones hand of it' rather than waiting to see the results?

    Regards
    DC
 
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(20min delay)
Last
2.5¢
Change
0.003(13.6%)
Mkt cap ! $4.569M
Open High Low Value Volume
2.3¢ 2.6¢ 2.3¢ $42.59K 1.734M

Buyers (Bids)

No. Vol. Price($)
1 249999 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 656213 2
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
ADD (ASX) Chart
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