I have noticed since late 2024 there has been a distinct change in the sellers v buyers ratio. Currently 127 buyers v 68 sellers ratio of 186%% more buyers. 122.8M shares sought by buyers v 65.8M shares offered by sellers again ratio of 186%. The gap between buyers and sellers has certainly widened substantially since Q4 2024 It is suggesting to me that sellers/holders are less keen to pull out and are prepared to sit on their hands until future finance is resolved one way or the other and on the flip side it indicates to me there are still plenty of buyers prepared to buy in at bargain basement prices.
I remain confident that we will dig dirt this year and remain confident in the future. I also remain patient and increased my holdings in January.
kippax
ADN Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)