This is an open forum with a wide range of views and perspectives. Most of us know the challenges and risks faced by ADN, and understand that a lot of spec stocks have done it tough over the past six months.
Shorting is not entirely to blame for the collapse and stasis of the share price, but given our low volumes and high retail shareholding, it's still been a major factor and so gets discussed often. Blaming shorting for ADN's SP decline is certainly far more valid than you blaming stimulus payments for its increase.
As for the economic headwinds like slowing growth, interest rate increases, China risk, etc., most/all companies on the ASX are facing those in months to come. I'm not sure why they are specific to ADN.
So, nice try, but unfortunately it's another "fail". Please try harder next time.
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Last
0.8¢ |
Change
-0.001(5.88%) |
Mkt cap ! $27.42M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $176.1K | 22.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 21751321 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 5295694 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 21751321 | 0.007 |
30 | 10793156 | 0.006 |
16 | 14006000 | 0.005 |
6 | 7700000 | 0.004 |
3 | 8600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 5295694 | 3 |
0.009 | 19830977 | 26 |
0.010 | 7364819 | 11 |
0.011 | 27386522 | 9 |
0.012 | 29395921 | 6 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
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