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ADN Asx stock Analysis
Time Frame : Daily Chart
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Watch for BUY Entry Setup
ADN is a small stock with some large potential. The reaction action may be a hint at is what to come if the fundamentals have any bearing on the action. Some of the fundamentals that make the stock look attractive are MC $70M, Mine Life of 26 yrs, EBITA $75M, Capex for startup of $13M and cash at hand $3M and $8M options to be exercised (currently in the money). Not the usual play but worth watching to see if the buyers get active and hold a higher low above 0.05 for a run up through 0.08.
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Stock : ASX stock ADN
Current Price : 0.057
Status : On watch for a move above 0.08
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