What happened this week!? OMG, going lower than ever - now at an almost 5 year low. Like to be an ADN optimist, but tbh, signs are not good.
If I only had that crystal ball, I would have sold some when we hit the 3c+ a month back..., and when we were 30+.
Our mc is now lower than the realisable tax losses the company holds.
Clearly, Bob has not yet been able to secure any deal that delivers the funding needed to go mining.
Given our intrinsic value (tax losses) not counting for any of the resource, surely we cannot go (much/any?) lower... Even the shorters have given up on us...
Patience getting tested...
What happened this week!? OMG, going lower than ever - now at an...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.6¢ | $306.8K | 18.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 3785098 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 4027152 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |