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5.56%

1.7¢ andromeda metals limited

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MrQ

4,937 Posts.

227

13/05/24

13:38

Post #: 73797087
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Originally posted by pstrickland: ↑

I have been investing and following companies for 20 plus years, and in my experience when CEOs leave for family/personal reasons, 90% of the time it's because of performance issues or failures, or they just pop up in a new or better role a few weeks later. It is a smokescreen. Remember when Grivas left as ADN chair because he needed more family time and then quickly appeared on the board of another company?

Having said that, I'm sure Katsiouleris hasn't given up on trying to land funding. He will be trying to make it work, one way or another, because it is in his own interest to do so. Any future employers will be looking closely at his performance at ADN. Not to mention that he is about $250k down on his own investment. My guess is that they have been offered some kind of deal but it is not to the company's advantage so they are pushing for better terms, hence the delay.

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I guess its because I was in a specific industry that wasn't mining. Absolutely saw the opposite. Proably also as in that industry we never allowed the "spend more time with family" excuse for poor performance.

ADN Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.7¢		Change -0.001(5.56%)		Mkt cap ! $52.87M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.7¢	$27.87K	1.569M

Buyers (Bids)

No.	Vol.	Price($)
42	18955360	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	227588	1

View Market Depth

No.	Vol.	Price($)
42	18955360	0.017
32	7095515	0.016
22	5384764	0.015
5	1319278	0.014
4	2776923	0.013

Price($)	Vol.	No.
0.018	227588	1
0.019	4349180	16
0.020	5086266	22
0.021	3014035	7
0.022	1863910	8

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last 1.8¢			Change -0.001 ( 2.78 %)
Open	High		Low	Volume
1.8¢	1.8¢		1.7¢	768207
Last updated 15.54pm 27/05/2024 ?

ADN (ASX) Chart