ADN 11.1% 1.6¢ andromeda metals limited

Mate, that's only because your suggested measure of a good buy...

  1. 2,995 Posts.
    lightbulb Created with Sketch. 173
    Mate, that's only because your suggested measure of a good buy compared to our peers or not was to use share price. This is not a good measure.

    Market CAP

    ADN $80.9m
    WAK $39.3m
    SUV $24.3

    This tells me that the market expects the future earnings of ADN to be far greater than the other two. I haven't looked at the others, perhaps they have limited capacity for growth, near end of life mines, I don't know. What I do know is that the DFS for ADN valued it at about .30 per share, say it turns out to be half that, .15 that's 4.7 times your money.

    I'll take that. So my answer is YES!

 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
-0.002(11.1%)
Mkt cap ! $49.76M
Open High Low Value Volume
1.8¢ 1.8¢ 1.5¢ $797.4K 49.05M

Buyers (Bids)

No. Vol. Price($)
7 2397883 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 2031381 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.