Australia's largest stock trading and investment forum Australia's #1 stock forum

ADN

Click for more information

9.52%

1.9¢ andromeda metals limited

General comments/chat, page-36806

First 36806 Last

Share
Profile

Follow
SignOfTheTimes

2,004 Posts.

1263

21/11/22

18:11

Post #: 64901071
Share

Originally posted by TerryGl: ↑

It is my view that anyone doing their due diligence on ADN will not buy in until after the share consolidation.

Historically consolidations never end well. Its our coin that get bashed/diluted not the free shares and options management hold.

Mum and Dads often after a consolidation don't even end up with enough shares to trade with.

I have been thru one where it was 80:1. You can imagine what that does to holding millions of shares (paid for with good hard earned money), especially when the end result was less than before it started.

The questions asked at the AGM took off the sugar coating and revealed a lot more truth as to what has happened in the past. Such as on the ship, off the ship, built, not built, testing to Australian standards and not our fault, it's the University.

This is the type of information that should have been divulged as many bought more shares based on the original announcements that have bee proven to be false.

Not happy at the moment and I believe I have good reason to be.

Expand

It doesn't bother me personally, except there is no need to waste money on corporate costs. When ADN is cash positive OK, but don't spend money in the bank on yadiyada

Pig is quiet. Beers with James?

Last edited by SignOfTheTimes: 21/11/22

ADN Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MGU

New results confirm Buena Vista's iron grades potential

There are more pages in this discussion • 7,355 more messages in this thread...

First 36806 Last

Add ADN (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change -0.002(9.52%)		Mkt cap ! $59.09M

Open	High	Low	Value	Volume
2.0¢	2.0¢	1.9¢	$33.38K	1.726M

Buyers (Bids)

No.	Vol.	Price($)
9	1823487	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	1122200	3

View Market Depth

No.	Vol.	Price($)
9	1823487	0.019
17	3150639	0.018
11	4459549	0.017
24	4640121	0.016
25	5059846	0.015

Price($)	Vol.	No.
0.020	1122200	3
0.021	792116	8
0.022	2586835	7
0.023	636317	7
0.024	1211838	11

Last trade - 16.10pm 31/07/2024 (20 minute delay)

ADN (ASX) Chart