What I interpreted from the past was that ADO went through a pump and dump. I just can't ignore the fact that the price blew past 10c then came down to below 5c a few days later to support levels. Albeit not a real pump and dump where the prices are artificially inflated through misguided information, but I just feel that the sensationalism associated with the massive % increase in price lead to a pump and when we realised that the prices were overinflated, we dumped.
It's a personal opinion and I feel that the price action showed a pump and dump, but if you disagree, lets agree to disagree. I hope that clears things up.
What I interpreted from the past was that ADO went through a...
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $6.865K | 328.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1999959 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 218775 | 3 |
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| Last trade - 15.50pm 25/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |