Looks like the T-2 phenomenon has caused a lot of traders to either get stopped out or lock in some small gains.... They will be back as soon as the momentum turns back up. Added to my positions at 3.1 today.
Absolutely no reason with this cant trade at 10% of ADN's valuation as a conservative target. ( 5.4 c) in the near term.
Remember ADN have 15.9mt zone at an average grade of around 7% Halloysite. However if we find anything like the 15% Halloysite which was previously sampled and prove scale then we could have a spectacular re rate....
DYOR
LRS chart, page-1391
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $503.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.5¢ | $6.158M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 330000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 899998 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |