I think that the following will provide impetus for a sp rise and rerating over the next six months:
1. USA investors buying in via Depositary Notes ( early Feb)
2.Listing or sale of Nilnav ( March). Not a core investment. Investment by ADY only due to Phillip being the ex Chief Operating Officer.
3.Chile iron ore major upgrade ( Mar)
4. Activity re Pyke Hill/Bulman leases ( Mar-April)
5. Chile actual production/export ( May/Jun)
6. Institutions get on board ( Jun/July.
M/E price projections :
Jan......12c
Feb......15c
Apr.......18c
May......24c
Jun........28c
my view
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.29M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.408K | 140.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 655000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1777282 | 2 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
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Change
0.000 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 100000 | ||
| Last updated 11.44am 23/05/2024 ? | |||||
| ADY (ASX) Chart |