The Zeo chart continues to trade in a tight range, having given buy signals on the daily and weekly charts.
An inside range candle is now forming on the monthly chart, and should that eventuate by end of July, a break through 8c will generate a 'monthly' buy signal as well......long term buy signals are very bullish.
Interesting to note the 200dma still climbing, now around 6.3, and it should be close to 6.8 by the end of July. (iykyn)
Also, the buying building up in screen is a big positive, and suggests quantity in size wanted by strong hands.
All bets are off if the stock falls below 6.8....
Fundamentally, announcements on:
1. the pilot plant success.
2. commercial deals on lithium clean tech.
3. carbon capture success in the lab.
4. Bioproton success...they have their own bio-lab in QLD.
5. further zeolite news...
could see the stock re-rated at any time.
Remember, ADN still has a mkt cap of $400mln (it got as high as $1.1bln) and they have nothing more than a good spruiker running the company.
People will diss that comment....but they haven't done their homework on ADN, and all it's deficiencies which have been glossed over. You just need to understand the Kaolin market, mining it, sieving etc. and ask the right questions.
DYOR.
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30303 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 228 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30303 | 0.033 |
2 | 158788 | 0.032 |
2 | 164516 | 0.031 |
1 | 35500 | 0.030 |
1 | 30000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 228 | 1 |
0.034 | 1175 | 1 |
0.035 | 397126 | 2 |
0.039 | 215208 | 2 |
0.040 | 1125000 | 2 |
Last trade - 08.53am 24/04/2024 (20 minute delay) ? |
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ZEO (ASX) Chart |
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