ADN 6.25% 1.5¢ andromeda metals limited

with trading volume around 6 mln shares a day this is just to...

  1. 137 Posts.
    lightbulb Created with Sketch. 22
    with trading volume around 6 mln shares a day this is just to illiquid for instos atm.
    and as long as there is no clear picture about boas or financing, instos will stick on the sidelines.

    this is just meaningless trading around/ below 10 cents.
    we need hard numbers to chew on. the only measure atm is the market cap in relation to npv, wich is around 50%. this is not a steal, is it? you find a lot of companies wirh that ratio, i suppose.

    however if you look at all those high-flying techs in the US, the 2022 performance in relative terms is not so bad. and i rather have our stuff in the ground than tech-stocks.

    sit back, take a sniff of the white stuff ( from great white of course) and have a good evening.

    ling 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
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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