Orgone, I am the first one admit that i dont understand charts.
And it is good that charts dont tell the future otherwise ppl like me would be at a bigger disadvantage then we already are.
However the current pattern of trading in ADO requires further research and understanding then just charts.
Due to the gap between ADO and ADOO a lot of ADOO holders are converting and selling at a profit and I would assume then buying more ADOO to convert.
Along with this day traders are also active in this stock.
And a lot of investors are coming in to ado in the hope it will run up like it did on the last announcement.
Just to let you know I obtained the form today to convert my ADOO into ADO. (However this time I will hold for 12 months at least
DYOR
understand the pattern, page-27
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $16.09K | 770.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3814417 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 433979 | 4 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |