ADN 9.09% 1.0¢ andromeda metals limited

The Problem with ADN is two Things that are Completely Opposite...

  1. 2,903 Posts.
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    The Problem with ADN is two Things that are Completely Opposite - Management /Retail

    ! - Management are only Concerned with What the Company has in the Bank Account as Wages are there Concern, Management do not Worry about the share Price, regardless of if IT is 40 cents or 1 cent (Unless down the track with free performance shares, but as we can see Wages is the main Concern Now)

    ! - Retail Investor is Only Concerned with the Share Price as they Put Money into the Bank Account when Management Ask for a CR. Day to Day Share price is Our Concern with Day traders, Shorters Trying to make a Buck!

    So, we are Both on Different Paths to Wealth. Retail is at the mercy of Management, if they don't have Money in the Bank, WE all Lose,

    1 - Life Style Company as Some have said is a Perfect Example What May Be happening.

    2 - Retails only Chance is Management No Doubt would be Happy with $500,000 Plus per year, So in Their Interest to try and keep ADN going for Some Time Regardless of if Project is Unviable to make a Profit After Cost!
 
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0.9¢ 1.1¢ 0.9¢ $503.0K 52.84M

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1.1¢ 17804638 18
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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