Great discussion,
After following this company for many years now and like many seen highs and lows, delays, etc, all part of the industry.
I can clearly see the chart has definitely formed a base at 0.039 late last year and now a higher low at 0.044 and is now consolidating at this level in anticipation for a PEPR ann which is definitely soon based on the SARIG website documents which mentions a process time of around 300 days.
I think as mentioned many times patience is definitely required with ADN. The chart is saying a broad base around 0.04, 0.044, ?? will launch this company. Higher lows is a great sign of growing anticipation and confidence combined with fundamantals.
I also agree, start production as soon as possible after the PEPR even with low volumes, it will leverage the negotiations for capital and growth over the coming years.
GLTAH, Very interesting times ahead this year..
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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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