The greatest myth with ADN in the last 2 years was that shorters are to blame for the stock going from 40c to 6c. Nobody talks about how it went from 5c to 40c with nothing lol
The greatest truth is that if you deliver operationally shorters get burned. If you don't shorters make money.
To blame anyone other then ADN management is just simply wrong.
The company still has hope but is going to take a lot for sophisticated investors to get involved anymore.
Ann: Response to ASX Query Letter, page-44
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $265.3K | 16.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 9802121 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 719999 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |