the cone re: "This has been severely punished"
Yes agree I think the punters have read the ADX announcement results incorrectly (again) just as they did
with the latest Anshof results, and the share price went down(AGAIN), so I brought more
ADX (again).
The only downside for me was I had to sell some of MAY to do it,
(the MAY share price has also not reacted much to what I thought was an excellent MAY announcement),
but I rotated out of MAY to ADX (again) based on relative market cap to share price for both coys
as well as considerations of % share of project and country risk.
I like both coys and hold a substantial position in MAY
but think ADX is the more undervalued (both now and for potential upside)
JMHO....
Ann: Welchau-1 Discovery Well Cased for Future Testing, page-83
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Last
8.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.27M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.7¢ | 8.5¢ | $118.3K | 1.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 356499 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 97862 | 2 |
View Market Depth
| Last trade - 15.59pm 31/05/2024 (20 minute delay) ? |
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Last
8.5¢ |
Change
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| Open | High | Low | Volume | ||
| 8.7¢ | 8.7¢ | 8.5¢ | 215127 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| ADX (ASX) Chart |