ADX 0.00% 12.0¢ adx energy ltd

the cone re: "This has been severely punished"Yes agree I think...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,189 Posts.
    lightbulb Created with Sketch. 164
    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....



    Last edited by car27: 25/03/24
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $68.28M
Open High Low Value Volume
12.5¢ 12.5¢ 12.0¢ $70.53K 574.1K

Buyers (Bids)

No. Vol. Price($)
13 514604 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 551004 3
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.