ADN 5.26% 1.8¢ andromeda metals limited

I nearly choked on my weet-bix this morning when I saw 2b...

  1. 19,106 Posts.
    lightbulb Created with Sketch. 2469
    I nearly choked on my weet-bix this morning when I saw 2b shares.
    At 300m soi, FYI will have the same amount of cash as ADN once the 1.2c options are converted, approx $10m
    After 12 months of being completely ignored by the market, FYI is slowly gaining traction now and imo will have a market cap closer to $150m-$200m before they draw on any capex. The GEM was signed when the market cap was $10m and I'm very confident more favourable funding arrangements and options will be available for this tier one project & I also 100% agree there's no competition between the ADN & FYI
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $55.98M
Open High Low Value Volume
1.9¢ 1.9¢ 1.7¢ $50.25K 2.801M

Buyers (Bids)

No. Vol. Price($)
1 9963 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1928134 9
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
1.8¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.7¢ 1.8¢ 1.7¢ 7153233
Last updated 15.53pm 26/04/2024 ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.