After the massive volume moves that saw ADN run from .006 to 1.4 we have now settled to .009/1c with volume settling. Those who saw this as a great play jumped in and no doubt some jumped out especially traders who jumped on for the week or so heavy volume runs. ADN though will continue ticking boxes as they fast track towards production. Currently i dont see a stock at this low cap with the opportunity ADN has to move to production and make profits very quickly with first up DSO but with a low cost capex to get a dry processing plant up and running and in turn making very good margins selling dried ore at $500 a tonne. Once we get some serious numbers around the scoping study i expect the market to fully grasp what an opportunity this is for investors. With significant overseas interest in product and our MD having knowledge and contacts with these end users j expect to see some decent suppy/offtake agreements that will see ADN re rated heavily with a long term outlook of profits. Holding tight here.
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $28.45K | 1.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 8005754 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 380068 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 8005754 | 0.015 |
14 | 4952049 | 0.014 |
6 | 2433923 | 0.013 |
6 | 1911667 | 0.012 |
5 | 2415909 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 380068 | 7 |
0.017 | 3881413 | 7 |
0.018 | 2874577 | 9 |
0.019 | 3659762 | 9 |
0.020 | 1523444 | 12 |
Last trade - 11.29am 03/07/2024 (20 minute delay) ? |
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