If more than 16 shareholders apply for $15000 worth each then their applications will be scaled back.
Yes it has been a long time since ADX management have delivered, but I read them as been a very tenacious lot, AND I am also betting that the person/persons who stumped up $750000 at this stage of the game has had a good look at/and discussion with ADX management about how far they are in to the farm out process for ADX's various assets.
Anyway I have to admit to being biased(and possibly foolish) as I have been a top 20 holder in ADX for some time. Fortunately for me my latest top up today (and past trading of ADX) means my average price for my ADX holding is below .011.
For me a big profit if ADX succeed and a big loss if they fail. Bring on the farm-outs and drilling! I doubt if ADX will bounce without a farm-out, but when/if they get a farm-out the ADX share price will ROCKET.
Ann: Share Purchase Plan, page-7
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $56.87M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $22.99K | 230.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 59365 | 2 |
View Market Depth
| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| ADX (ASX) Chart |
