Personally I hope it does not happen. It takes the shine off the ball for when we do start to see higher SP. And I am not that well versed on what would be the right amount of shares. I was with another company that did a 50:1. That hurt. I got out with a small profit 6 months later but 3 years all up for $1500 was not why I invested in that particular company.
But looking at the amount of shares we have and the current low SP, to add cornerstone investors, I think ADN will need to consolidate. To what level I cannot answer Frog. Not enough experience in these things. Again I hope I am wrong but there must be a reason that no bank has yet jumped on board a project with so much quality resource and IP. Apart from the Covid Pandemic, Russian war and ridiculous interest rate hikes completely screwing up world operations and freight costs. ^^
- Forums
- ASX - By Stock
- ADN
- Ann: Webcast on the results of the 2023 DFS
Ann: Webcast on the results of the 2023 DFS, page-38
-
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.42M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $67.84K | 8.480M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 29560452 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 19430977 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1236547 | 0.008 |
60 | 29412252 | 0.007 |
29 | 10093156 | 0.006 |
17 | 14206199 | 0.005 |
5 | 7450000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 19430977 | 25 |
0.010 | 7077677 | 10 |
0.011 | 27266522 | 8 |
0.012 | 29515921 | 7 |
0.013 | 2310111 | 3 |
Last trade - 11.00am 16/10/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online