A mate of mine who's is a very large holder here and got me onto ADN kept telling me how amazing the management of this company are. I have totally agreed with him after investing a couple months ago and seeing what they have done but this is one of the smartest moves I've seen a company take. They know that Poochera is the project that is going to take them to a 200mil+ MC, they also know they'll need funds to progress it so rather than further dilute, they sell assets they no longer need to focus on the money maker. Getting one project off the ground is tough enough so they were realistic and got rid of another rather than have it sitting there costing them money.
Absolute Masterminds!! I'm going all in.
A mate of mine who's is a very large holder here and got me onto...
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Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $55.98M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $170.0K | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2380000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3676164 | 10 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |