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0.2¢ adavale resources limited

Drilling for Uranium just announced...wait for the June sell...

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Luckbothways

69 Posts.

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16/04/24

08:43

Post #: 73360250
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Originally posted by Sebastian81: ↑

As a ~3 year holder of the stock I would counsel you to wait and see. There is a very good chance this thing goes to 0 in the next 6 months and if it doesn't that will be as a result of a series of smallish raises that will be dilutionary. for the existing register. If I had money to deploy I would wait to see how that all plays out. My observations generally are that there is no real exploration work being done in Tanzania or S Australia and so there aren't any nearer term price catalysts - stock pricing will be dependent on macro and market factors beyond the company's control. In terms of the variables that are controllable, management have a very short attention span and are poor at executing on any adopted strategy and the investor relations function is as bad, so you won't really know what is going on with the company's nickel and uranium exploration at any point in time. But apart from all of that, it's a great stock...

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Drilling for Uranium just announced...wait for the June sell off, buy back in early July...IMHO DYOR...as always GLTAH & Punters

ADD Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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Last 0.2¢		Change -0.001(20.0%)		Mkt cap ! $2.447M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$28	14.17K

Buyers (Bids)

No.	Vol.	Price($)
40	40680107	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	4319211	10

View Market Depth

No.	Vol.	Price($)
40	40680107	0.002
22	36865100	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	4319211	10
0.004	21472528	11
0.005	2897005	6
0.006	3526816	3
0.007	11523820	9

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