Adavale needs to report. IB Daiwa would also be expecting a report on progress of Tapan.
Pound for pound, ADD is severly undervalued when you compare to other junior companies such as Strike Resources (SRK) which is currently trading around 75 cents. Compare this to ADD which is trading at 3 cents.
Once we get news and a detailed mining development plan expect a substantial re-rating. Much better upside in ADD, especially with SA and Springvale uranium tenements.
I am expecting 6 cents plus in the short term with positive news.
DYOR
Colonel
bgf equities coal sector analysis - add, page-6
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.059M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.748K | 638.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 36545172 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4089688 | 9 |
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| Last trade - 15.07pm 12/09/2024 (20 minute delay) ? |
| ADD (ASX) Chart |