Look ADV management behaviour and history from the series of announcement. Drilling did not produce any significant quantity of high grade graphite. In my view, this is mere speculation about lithium until drilling confirms that.
Secondly, winter season would not let ADV drill until April/May 2016. ADV is running low on cash would have to raise capital soon or later.
More so, ADV has over 600M issued share capital. Rest you can think. In my view, new announcement is designed to hype ADV sp and raise speculations
DYOR......so keep watching.....
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.69M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.5¢ | $52.99K | 349.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89187 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 15390 | 2 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
| ADV (ASX) Chart |