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
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $11.40M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $792 | 118.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1057857 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 574920 | 3 |
View Market Depth
| Last trade - 11.26am 29/04/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 99363 | ||
| Last updated 13.35pm 29/04/2024 ? | |||||
| ADY (ASX) Chart |