I think that the following will provide impetus for a sp rise and rerating over the next six months:
1. USA investors buying in via Depositary Notes ( early Feb)
2.Listing or sale of Nilnav ( March). Not a core investment. Investment by ADY only due to Phillip being the ex Chief Operating Officer.
3.Chile iron ore major upgrade ( Mar)
4. Activity re Pyke Hill/Bulman leases ( Mar-April)
5. Chile actual production/export ( May/Jun)
6. Institutions get on board ( Jun/July.
M/E price projections :
Jan......12c
Feb......15c
Apr.......18c
May......24c
Jun........28c
my view
Add ADY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $24.44M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.6¢ | 1.3¢ | $37.01K | 2.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 490543 | 2 |
View Market Depth
| Last trade - 14.05pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.6¢ |
Change
0.001 ( 14.3 %) |
||||
| Open | High | Low | Volume | ||
| 1.3¢ | 1.6¢ | 1.3¢ | 251109 | ||
| Last updated 13.12pm 13/05/2024 ? | |||||
| ADY (ASX) Chart |