ADV 0.00% 12.5¢ ardiden ltd

Ann: Trading Halt-ADV.AX, page-24

  1. 132 Posts.
    lightbulb Created with Sketch. 4
    I guess a 20% discount to the ~3.5c it was manipulated to trade at = ~3.0c.
    They will release root lake results after the cap raise as this will keep the share price moving upwards from yesterday's 3.8c.

    The same thing happened last cap raise. peaked at 3.4c, manipulated to 3.0c then cap raise announced at 2.6c. Assay results from Seymour released and then share price was free to move upwards which it did.

    I'm not concerned about the share price retreating because it didn't happen last time, insto's will want it to rise plus the cap raise is excellent news, short-term paper pain for long-term gain.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0 18/04/2016 Positive Assay Results from Seymour Lake Project 11 PDF -
    1 18/04/2016 Trading Halt 2 PDF -
    2 04/04/2016   S708 Cleansing Statement 1 PDF -
    3 04/04/2016   Completion of Capital Raising and Appendix 3B 15 PDF -
    4 23/03/2016 Ardiden Raises $1.25M to Fund Drilling and Other Programs 4 PDF -
    5 21/03/2016 Thick Spodumene-Bearing Zones Intersected at Seymour Lake 10 PDF -
    6 21/03/2016 Trading Halt 3 PDF -
 
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12.5¢
Change
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Mkt cap ! $7.814M
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12.5¢ 12.5¢ 12.5¢ $7.676K 61.40K

Buyers (Bids)

No. Vol. Price($)
2 18332 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 32422 1
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