ADN 0.00% 1.6¢ andromeda metals limited

General comments/chat, page-33431

  1. 947 Posts.
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    Very simple.
    First, fair bit of shares have been bought recently around 10c, placing orders in the queue at 13c locks 30% profit if the SP moves.
    Second, there is a group of shareholders who are bagholding but not willing to sell at current price, hoping to get out with a little smaller loss and happy to sell at 13c or thereabouts. Depending on how large is this group it can put a limit to any SP increases in the near future.
 
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