Technically ADX has been in downtrend >10 years, been sliding sideways since 2014 (made all time low in early 2016), made a higher low and currently forming a bull flag for another pop higher.
Fundamentally recent announcement/s suggest that "ADX looks forward to providing shareholders with a revised economic assessment for the project by the end of February 2017 and actively pursuing farmin or co-investment discussions with other oil companies and/or financial investors".
Weekly chart looks pretty good IMO
History, page-13
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $65.43M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 11.5¢ | $262.8K | 2.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 248978 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 33340 | 3 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| ADX (ASX) Chart |