ADN 6.25% 1.7¢ andromeda metals limited

General comments/chat, page-27728

  1. 608 Posts.
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    Would suggest the biggest issue is that the volume in ADN has dried up completely - 3 days last week only ~2mn shares. Not what you want to see as a short seller as you are now very reliant on whatever your thesis is playing out to the letter. As I have consistently noted, the risk/return for a short in this stock at these prices is not good, unless there is a big market correction (and better ways to play that). You saw yesterday, better (not great) volume but +2c move.
 
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