ADN andromeda metals limited

Ann: Successful $5million Placement, page-68

  1. 1,245 Posts.
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    You're mistaking optical appeal for real liquidity. ADN's high volume exists because of its cheap entry point and large float — consolidating won’t magically attract new buyers, it just shrinks the pool of speculative traders who currently are the liquidity. Unless there’s a major re-rate catalyst, the effect is more likely to be thinner spreads, lower volume, and a stagnating price chart. Show me the post-consolidation ASX microcap where liquidity surged — not theory, but fact
 
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(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $49.57M
Open High Low Value Volume
1.3¢ 1.4¢ 1.2¢ $178.8K 13.80M

Buyers (Bids)

No. Vol. Price($)
2 789010 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 8301470 18
View Market Depth
Last trade - 14.09pm 24/06/2025 (20 minute delay) ?
ADN (ASX) Chart
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