ADX 1.11% 8.9¢ adx energy ltd

Small producer / explorers are getting a huge kicking on the ASX...

  1. 4,759 Posts.
    lightbulb Created with Sketch. 2230
    Small producer / explorers are getting a huge kicking on the ASX at the moment .
    It is as if all oil and gas use will end in just a few years time and reserves will become stranded assets .
    The reality is that both are at all time highs and increases will continue especially for gas for many years yet .

    Very low investment levels mean better risk / return metrics for those brave enough to take the bet .
    A big discovery here will be transformable and a dry hole will be a major set back but the set back would not be fatal .
    It would be just reload and get on with the program .
 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
8.9¢
Change
-0.001(1.11%)
Mkt cap ! $45.41M
Open High Low Value Volume
9.0¢ 9.0¢ 8.9¢ $17.49K 194.9K

Buyers (Bids)

No. Vol. Price($)
1 17499 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.2¢ 109112 1
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
9.0¢
  Change
-0.001 ( 1.10 %)
Open High Low Volume
9.0¢ 9.0¢ 9.0¢ 41000
Last updated 13.50pm 21/05/2024 ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.