Companies that make money go up in value. Companies that don't make money go down. Companies that look like they soon may make money go up and then if they don't go down.
ADO is no different - it is just like the other 1600 or so companies out there outside the Top 300.
TIS is one of these as a perfect example - peaked at about 60c when it looked like their Driving Miss Daisy (their 'M&G' is a topical wound treatment) was going to get approved for sale in the EU then when the EU Regulators sent the application back for re-tooling it retreated and is now resting at about 29c.
My beloved SLX also gave it to me in the 'corn hole' when GE scaled down their commercial agreement.
In summary - we are all guessing/hoping/losing money/sometimes winning money in the great game of speccie investing.
If ADO does go to single figures I may get some. I think though it has fallen too fast and may go sideways or up 1 or 2 cents in the next few weeks.
- Forums
- ASX - By Stock
- Trading in ADO since quarterly
Companies that make money go up in value. Companies that don't...
-
- There are more pages in this discussion • 124 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $23.42K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1142321 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 339684 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1142321 | 0.019 |
11 | 1488162 | 0.018 |
6 | 829891 | 0.017 |
5 | 1629529 | 0.016 |
7 | 1203869 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 339684 | 2 |
0.021 | 592746 | 5 |
0.022 | 505000 | 2 |
0.023 | 420000 | 2 |
0.024 | 164509 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
NEWS
Is oil undervalued?
ADO (ASX) Chart |