ADN

4.76%

2.0¢ andromeda metals limited

General comments/chat, page-27252

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10,604 Posts.

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01/10/21

00:46

Post #: 56484110
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Originally posted by newregime ↑

I have a client that just bought 1.2 million shares at .145c and guess what we said?
That is 1.2 million shares less the shorters can sell.

It was encouraging today as the buyers had even numbers like 800,000 and 500,000 and I saw a 1,000,000 buyer at 15.5c step up and wipe out 16c.

The shorters put heaps of buys and sells on each side with uneven numbers. They go on both sides and make money through the chi-x buying at 16.25c and selling at 16.5c. They do this and also pushing the stock down at end of day to make chart look week and make money on their overall shorts.

Since the debacle of the SPP and placement after suspension 29/6/21, the only time the share price has hit 20c or more was 13/8/21 and was a high of 20.75c and closed 18.5c with 28 million traded. Shorters bought back 4 million net that day from 22 mill to 18 mill. Since then the shorters have constantly pushed it down.

If we all buy and have that attitude, the selling wall will disappear and they will be forced to buyback to reduce risk. It happened 13/8/21.

This buying today does not help their games. Keep it up and once the mining licence and DFS come out, it will blow the c---s out of the water.

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Buying at 15c or lower has helped me x4.

my original Holding

ADN Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $62.20M

Open	High	Low	Value	Volume
2.0¢	2.1¢	1.9¢	$49.00K	2.513M

Buyers (Bids)

No.	Vol.	Price($)
6	2617961	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	20738	1

View Market Depth

No.	Vol.	Price($)
2	759476	0.019
29	8098913	0.018
16	5170006	0.017
26	4400748	0.016
25	5043979	0.015

Price($)	Vol.	No.
0.021	1812715	13
0.022	2492698	7
0.023	744317	7
0.024	1034796	10
0.025	4008089	14

Last trade - 16.10pm 02/08/2024 (20 minute delay)

ADN (ASX) Chart

General comments/chat, page-27252

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General comments/chat, page-27252

Top Stories

Venture to sniff out high-grade REE targets at Jupiter project, WA

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News