after such a huge one day move a number of these small caps take sometime to consolidate.....and you can't ignore the general market context.....
For sometime there has been an expectation that the market will tank which has made investors/traders jittery.....
ADO is drifting lower because the overall market sentiment is negative. Weak holders dump their stock and there's a lack of buying interest to stop it. However, a good announcement will bring the traders in and then we will see some activity IMO
the chart below is a 60 minute chart. volume is the key here IMO
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 (20min delay)
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $35.16M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.5¢ | 1.2¢ | $134.6K | 10.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1707865 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 97477 | 1 |
View Market Depth
| Last trade - 15.59pm 18/07/2025 (20 minute delay) ? |
| ADO (ASX) Chart |