some midnight thoughts:
looking at the shares traded in total it seems there is just not enough volume to move the price.
no investors, just traders presently ?
on the other hand we hold quite well in recent market volatility.
what is the short-quota doing ?
if jm does not plan to dilute any further, that means as well we will not have a new cornerstone-investor to finance and speed up bluesky-projects. impact on valuation thus only long term.
as long as we do not have enough data to do a "wombat-calculation" for the "bread and butter" business, we are in nowhere-land.
i still have to get used to the new company-build-up logic and conclusions, i have to confess.
have to put adn into a different drawer in my portfolio, together with some other stocks.
no topping up in that drawer possible, keeping cash for cyclical recoveries " after-war and "after-covid"
not selling however.
if those thoughts are true for others as well, it means adn will have to attract a different type of investors. that would explain low volumes atm.
any thoughts ?
long for longer
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $46.65M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.5¢ | $74.08K | 4.641M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 9866927 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 40828 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 9866927 | 0.015 |
13 | 2462477 | 0.014 |
8 | 2672461 | 0.013 |
4 | 1541667 | 0.012 |
5 | 2365910 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 40828 | 2 |
0.017 | 2183816 | 6 |
0.018 | 2682628 | 8 |
0.019 | 3659762 | 9 |
0.020 | 1693444 | 14 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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ADN (ASX) Chart |