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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- Ann: Successful $5million Placement
ADN
andromeda metals limited
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4.17%
!
1.3¢

Ann: Successful $5million Placement, page-68
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Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $49.57M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.2¢ | $172.1K | 13.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 20633237 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 441904 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2279936 | 0.013 |
42 | 20633237 | 0.012 |
33 | 15539978 | 0.011 |
43 | 23233879 | 0.010 |
12 | 10729130 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 7327651 | 18 |
0.015 | 9793582 | 21 |
0.016 | 4739868 | 8 |
0.017 | 554297 | 5 |
0.018 | 1524277 | 5 |
Last trade - 13.55pm 24/06/2025 (20 minute delay) ? |
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ADN (ASX) Chart |