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0.5¢ adavale resources limited

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

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Luckbothways

62 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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(20min delay)
Last 0.5¢		Change 0.001(25.0%)		Mkt cap ! $5.201M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$8.74K	1.748M

Buyers (Bids)

No.	Vol.	Price($)
22	8626249	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	5348009	9

View Market Depth

No.	Vol.	Price($)
22	8626249	0.004
20	25267580	0.003
9	6655000	0.002
4	7300000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	5348009	9
0.006	9851497	15
0.007	10493820	7
0.008	5141585	7
0.009	9152436	4

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last 0.5¢			Change 0.001 ( 25.0 %)
Open	High		Low	Volume
0.5¢	0.5¢		0.5¢	2251338
Last updated 15.29pm 06/06/2024 ?

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