Bought some more ADD today at what seems like a good price.
Market cap of 5 mil seems very good considering cash in bank.
I think this sell off is due to people getting impatient as ADD have been very slow in developing there projects. They were supposed to have define a JORC coal resource by now.
I wonder what has held them up, the indonesians? or maybe there 60/40 partner. I think maybe both.
If there partner is ib daiwa then that could explain it as they have been in a bit of financial trouble lately and dont seem to have much cash.
bargain prices?
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.326M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $17.9K | 3.580M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5257000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8866905 | 15 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ADD (ASX) Chart |