ADN 4.55% 2.3¢ andromeda metals limited

NEW VALUATION 16C, page-36

  1. 2,021 Posts.
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    I did a reconciliation last night and I bought 2 million shares in the last 6 months at an average of 4.5c. This adds to my other 9 million shares. I also got shares in DRM from owning MEP and sold them.
    I am sitting in the queue to buy another 250k at 4.6c
    of ADN.
    I have belief and confidence in ADN management.
    ADN will become a producer.
    The buying support will come and we will see the share price move quickly.
    The valuation of 16c is where we should be now.
    The announcement of debt funding in April should see 7c plus.
    A large concrete BOA for concrete to take year 2 quota. 10c plus
    HPA grant and we get close to our 16c valuation.
    I also believe the shorters are at 21M shares and will not have many more shares left to manipulate the share price. I think debt funding will see them running to cover. DYOR
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $71.53M
Open High Low Value Volume
2.2¢ 2.4¢ 2.1¢ $440.2K 19.15M

Buyers (Bids)

No. Vol. Price($)
2 174773 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 924651 8
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
ADN (ASX) Chart
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