Fact is that nobody knows how low it will go. I feel that your 10c call is too negative for a 10% dilution CR.
I could see it going down to 13c (20 OCT low) perhaps as it is the next support below 15c. IF it goes to 13 c I will definitely add to my exposure to a majorly derisked project close to production with massive upside on many fronts. Mind you that is 20 OCT! So many things have changed since then.
My average is 18.5c but I bought in again due to the 60% drop which now makes it undervalued IMO even though I will likely be under water for a while. One take off agreement or similar and this is above 20c+
GLTAH
Fact is that nobody knows how low it will go. I feel that your...
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $30.54M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $11.76K | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 16370802 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 16167568 | 19 |
View Market Depth
| Last trade - 11.24am 04/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |