ADN andromeda metals limited

Why would someone buy 8M ADNOC at .004 when the heads are .01...

  1. 2,113 Posts.
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    Why would someone buy 8M ADNOC at .004 when the heads are .01 and an exercise price of 0.0175?
    They are spending a lazy $32K. Either they have plenty of money to punt, know something good or both.
 
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(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $41.96M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $59.87K 5.450M

Buyers (Bids)

No. Vol. Price($)
4 667193 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 6917423 14
View Market Depth
Last trade - 16.10pm 22/07/2025 (20 minute delay) ?
ADN (ASX) Chart
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