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10.5%

1.7¢ andromeda metals limited

You would think that 80M would be a great off market opportunity...

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GuruSwami

121 Posts.

26

01/12/22

12:13

Post #: 65096092
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Originally posted by Pezz69: ↑

I think the new Chair is very good and did a good Job at the AGM. I believe he will get thigs back on track, 100% this will be mining.

Key points which I believe is holding the SP down and will for a bit longer.

Final breakdown of finance I.E. CR
Ramp up period at this stage is 2-3 years away. Could change quickly but until then it is a weight on the sp.
80m shares will hit the market when we fall out of the all ords in March. This is one point I'm not sure I understand how the fund will exit, slowly or just a big dump?

All in All its just time here now, CC plant is the big one here. HPA is years away if you look at how long other players on the ASX are going with it who are 100% focused on it.

I think there are some big players from the rumors I hear waiting on the CC plant results so fingers crossed we can see something material in the next 12 months.

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You would think that 80M would be a great off market opportunity to get a larger player into our register, killing 2 birds with one stone.

ADN Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.7¢		Change -0.002(10.5%)		Mkt cap ! $55.98M

Open	High	Low	Value	Volume
1.8¢	2.0¢	1.7¢	$283.4K	15.85M

Buyers (Bids)

No.	Vol.	Price($)
42	8711690	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	1637312	12

View Market Depth

No.	Vol.	Price($)
11	1800091	0.018
20	6360413	0.017
40	8680377	0.016
25	4975550	0.015
6	1815687	0.014

Price($)	Vol.	No.
0.019	1748965	7
0.020	5993093	19
0.021	4330830	7
0.022	1204479	6
0.023	1041761	7

Last trade - 15.04pm 06/05/2024 (20 minute delay)


Last 1.6¢			Change -0.002 ( 11.1 %)
Open	High		Low	Volume
1.8¢	1.9¢		1.6¢	20229260
Last updated 15.26pm 06/05/2024 ?

ADN (ASX) Chart

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