If I recall correctly Sandfire was willing to take all new stock for 75 cents. Sandfire has the best idea of what Adriatic is finding and will be finding outside of ADT management. I'd say it still makes sense if you're buying in the 70-80 cents range. Hell even buying at 1 dollar makes perfect sense to me
https://www.copyright link/street-talk/adriatic-metals-launches-equity-raising-sandfire-up-stake-to-10pc-20181113-h17vhx
Ann: Adriatic Completes Institutional Placement, page-24
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Last
$4.07 |
Change
-0.150(3.55%) |
Mkt cap ! $918.1M | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.23 | $4.07 | $1.360M | 328.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 124 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 4481 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ADT (ASX) Chart |
