ADN 0.00% 1.6¢ andromeda metals limited

It depends on what a company like Boral (or any other concrete...

  1. 135 Posts.
    lightbulb Created with Sketch. 51
    It depends on what a company like Boral (or any other concrete producer) want to achieve. Naturally, if you get waste material from a source like GW at good volumes/prices and the testing shows that the material yields the same or even better results as mentioned in the interviews then you can look at it with a "low cost, better performance" lense. A win win for both companies. ADN gets to monetises their waste material while the concrete producer benefits from cost savings for an end product that yields better results.

    That being said, this could be an alternative that can co-exist with admix and not necessarily replace it. They may choose to gracefully phase out admix over time whilst integrating this new solution. All depends on what their strategy is.

    Like most on here, I'm keen on the concrete annoucements too, particularly around the numbers.
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $49.76M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 100000 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 500000 1
View Market Depth
Last trade - 16.16pm 16/08/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.