Let me just say I hold a lot of shares so there's nothing more I want than for ADN to take off. If I said the SP was heading for 10c from 22c (12c change), there would be an uproar and a call for evidence for my prediction. You say 70c from 22c (48c change), NOTHING. Why is that ???
Shorters are not the problem here. If the shares are so undervalued, they would be scooped up until a fair value is reached, that is what the market does. The problem is that this stock is a SPEC stock and feeds off news to keep it stable or growing. There is only speculation about news coming. of course it will come sooner or later but until then down we go. If you are a true believer, buy more and be happy that you can.
General comments/chat, page-20282
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $4.903K | 748.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 17955019 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 9103740 | 27 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |