ADE 0.00% 19.5¢ adelaide energy limited

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  1. 3,028 Posts.
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    I don't think it is capping. Rather I feel just uncertainty with junior specs and not a lot of knowledge known of the company itself. Many are relying on BPT news and shale gas and forget ADE is a company with its own growth stories.

    BPT lots of fingers in different pies, and at around a $1 it breaks the junior spec psychological barrier. Plus lots of shares on market so easy to trade in and out. No matter what company these days- it is amazing how a $1 share price feels safer than a 50 cent one and much safer than a 14 cent one.

    ADE did well today with clarification of its 20% in 855. Just needs to push the story more and more and more.

    I was in BPT years ago at under 30 cents and they traded forever at around that price. Think for memory I got annoyed and got out after some time at around 33-34 cents. (yes it was some time ago) Look at it now.

    Where and when will ADE move? No idea...but while they keep adding value to the company, the share price will have to catch up one day. I hope :)

    Amok
 
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Currently unlisted public company.

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