if you believe in the project that James is building and you believe like I do that he wants 100% of it then a reasonable assumption is that there is some level of switching between ADN & MEP.
If you think a 'friendly' merger is likely then the switch is a "no-brainer".
Others are just taking profits.
Still others are traders taking the opportunity to sell into todays news in the expectation they will buy at a lower price in the next few days.
All-in-all, nothing to see here, everything is normal.
if you believe in the project that James is building and you...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $727.9K | 44.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4775000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3477250 | 17 |
View Market Depth
| Last trade - 15.32pm 28/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |