i think we will reach a SP to match a correct company value @ time of production...... long before ADN is producing. Generally speaking future revenue's / forecasts are priced in. i don't think you will need to wait until day of production.
Second to that there is added potential:
Resource upgrade
Other tenements
Nano tube research and development potential
offtakes/purchase agreements
European involvment
onshore processing developments
To name a few........
Horse could bolt well before the said 2 years
As for a 6-12 month timeframe. everyone is different and everyone has different circumstances.
However i have had that same mentality in the past, it has cost me dearly on stocks i had researched in depth with conviction only to lose patience.
PCK to name one missed a Disallowed there due to a spur of the moment loss of patience!
i think we will reach a SP to match a correct company value @...
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.7¢ | $25.83K | 1.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4347850 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3045798 | 16 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
0.001 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 263596 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| ADN (ASX) Chart |