ADN 0.00% 1.9¢ andromeda metals limited

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  1. 2,012 Posts.
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    ADN Market Cap $52M
    Tax Losses C/fwd $155M
    Tax benefit $155M *.30= $46.5M
    Cash in Bank $7.8M
    Therefore Market Cap is $52M and $54.3M cash and tax benefit.
    Therefore, goodwill on the GW project is -$2.3M. What the F***
    Screaming buy for any company who is trading profitable to take advantage and pick up ADN for a song!!!!!!!!!!
    Anyone selling at these levels would be crazy.
    DYOR.
 
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7 1732089 1.9¢
 

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2.0¢ 413157 3
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Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
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