Use today's share price spike as an opportunity to sell. The annoucment is not that great. If it was the market would have pushed this really high. Look at the volume and see how much it costs to buy that amount of shares. You will discover that it is a relatively small amount.
Remember Chemq? I am not saying that ADY is like CMQ but merely saying that annoucments of this nature are useless until you have binding obligations and a process to deliver those obligations at low costs.
This company has produces annouement after annoucment but the market does not believe them and/or can see that these annoucments are not ground breaking.
selling opportunity
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.55M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 328833 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 492990 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |
Day chart unavailable