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0.5¢ adavale resources limited

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

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Luckbothways

63 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 0.5¢		Change 0.001(12.5%)		Mkt cap ! $4.681M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$1.271K	310.1K

Buyers (Bids)

No.	Vol.	Price($)
15	8218705	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	6244847	11

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No.	Vol.	Price($)
15	8218705	0.004
11	5175247	0.003
10	14505000	0.002
6	10300000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	6244847	11
0.006	10548282	12
0.007	11739536	8
0.008	4672084	6
0.009	8652428	3

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