As we enter into the last 11 weeks until option expiry, I think those waiting for the pressure on the share price to play out similarly to NVA may be disappointed, for a few reasons:
The exercise price of $ 0.012 is significantly cheaper than NVA’s $0.032;
There is only 70% of the options left to exercise, whilst at this equivalent point NVA had greater than 90% and more than 70% in the last 4 weeks alone;
The options are more in the money vs NVA, so perhaps giving investors greater confidence about expanding their holdings;
ADN has just over 12 months until production, so things are naturally going to heat up at any moment;
Both have big news/events due shortly following the expiry of options: NVA and their resource upgrade, and ADN with their DFS, mining lease application and one would imagine BOAs.
For disclosure and not cross promotion, I hold in both.
- Forums
- ASX - By Stock
- ADN
- General comments/chat
General comments/chat, page-10231
-
- There are more pages in this discussion • 34,561 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $27.42M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $3.825K | 537.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
63 | 23701100 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 6161168 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
63 | 23701100 | 0.007 |
36 | 9189488 | 0.006 |
18 | 12416199 | 0.005 |
4 | 7300000 | 0.004 |
4 | 8835000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6161168 | 11 |
0.009 | 14500545 | 26 |
0.010 | 7288607 | 10 |
0.011 | 27176522 | 6 |
0.012 | 28884699 | 4 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |