Management are terrible regarding keeping the market informed about what they are doing Adavale Resources. Maybe they've done Jack for the last 12 months so there is nothing to tell? If that is the case it is ordinary.
I do believe they are going again (drilling for u3o8 at Lake Surprise - Silica and something else might be happening, an O/sea's acquisition) so the 12 or so months in hibernation might have passed.
It has a good future IMO - but Management have lost the trust and respect of shareholders, they need to produce and regain this - any wonder no one wants to buy it.
They had $6 million to begin with now $4.8 million - i hope they spend that $4.8 million wisely.
How would IB Daiwa be feeling - $6 million invested at $0.22 and an SP at $0.02 for the last 12 months, poor form indeed.
But i think it is time to buy this stock, there has been quite a bit of volume the last few days and the SP is up from .022 to .032 - get on board - gut feeling.
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $4.240M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $29.97K | 9.991M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 41720277 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 206912 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 40720277 | 0.002 |
21 | 29365100 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 206912 | 1 |
0.004 | 21472528 | 11 |
0.005 | 3397005 | 6 |
0.006 | 4020149 | 5 |
0.007 | 12409536 | 9 |
Last trade - 14.58pm 03/09/2024 (20 minute delay) ? |
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ADD (ASX) Chart |