MC $8 Mil a today's start - small dump takes 11% off MC = approx $7 Mil.
So we need some form of progress from ADV:
1. As you've indicated, get some drilling underway -"NOW!"
2. Consider whether they can bundle up the business &
a. find a business partner / explorer
b. perhaps a buyer with deep pockets
c. seek more market support, if they can show they have more than just CASH!!!
3. Jump on the Coat-tail of Gold being in favour!
At what point might the two major SHLDRs top up? Should the market continue to play out as it has this week, presume it will create many a tree shake across the market - buying opportunities likely, just a challenge to find value!
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $8.127M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $7.593K | 58.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60287 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 6976 | 1 |
View Market Depth
| Last trade - 12.30pm 13/09/2024 (20 minute delay) ? |
| ADV (ASX) Chart |