I'm no expert, but in speaking with friends of mine who trade they have suggested that it is probably just the T+3 factor. This aligns with the volume late last week. Maybe traders bought in expecting the announcement and have cut their losses within the 3 day window to preserve their capital? If this is the case then maybe it's a good things as someone (perhaps an ADO an investor like the majority of us) has accumulated during the sell down and they will get the benefit of the announcement?
I do know that if you weren't a believer, ADO would send you grey (and fast). Perhaps ADO isn't a great stock to put a stop loss on either as there always seems to be some sort of manoeuvring going on in the background.
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Last
2.1¢ |
Change
-0.001(3.67%) |
Mkt cap ! $52.28M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $7.812K | 349.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 828094 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 1102151 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 828094 | 0.021 |
7 | 1691000 | 0.020 |
2 | 782500 | 0.019 |
7 | 2041613 | 0.018 |
5 | 1374748 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1102151 | 4 |
0.023 | 22000 | 1 |
0.025 | 40000 | 1 |
0.026 | 76000 | 2 |
0.027 | 22000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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