Unfortunately for retail investors who are putting hard earned savings into companies like ADN, the pressure tactics work. I can definitely feel the pressure increasing as I get closer to my breakeven point - psychologically it’s one thing to be down profits, it’s another to be down capital. The counterpoint to that pressure is conviction. If your conviction is high enough you’ll likely weather the storm, if it breaks you’ll sell. This is where the company comes in. Regular updates and high transparency increase conviction. Insiders buying on market increase conviction. Tangible progress obviously increases conviction. The ease at which we’ve been dropped from 12 to 8 cents in the last couple of weeks screams lack of conviction to me.
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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($) | Vol. | No. |
---|---|---|
1.3¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.020 |
2 | 99617 | 0.017 |
13 | 3197139 | 0.016 |
23 | 8350731 | 0.015 |
14 | 2578893 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 500000 | 1 |
0.015 | 749478 | 1 |
0.016 | 1203 | 1 |
0.017 | 1049857 | 6 |
0.018 | 1933332 | 6 |
Last trade - 16.16pm 16/08/2024 (20 minute delay) ? |
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ADN (ASX) Chart |
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