The second part of the rationale @Sk1nman is what I have written about extensively over at MEP and that is the incomprehensible (IMHO) valuation gap between ADN & MEP and my conviction that ADN will make a bid for MEP at some point in the future. I could very well be wrong!
Like many others here I held both ADN & MEP but when it came time to sell the 50% ownership of NNPL compelled me to exit ADN & buy more MEP. I have said that I would invest a lot of money in NNPL if it was a separately listed company so I don't think anyone can question my bullishness on HNT/NNPL.
Everyone has to work out their own investment strategy. I have consistently outlined mine for everyone to see.
The second part of the rationale @Sk1nman is what I have written...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $100.6K | 5.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 7644959 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 266561 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
0.000 ( 4.65 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.8¢ | 2885837 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| ADN (ASX) Chart |