Australian (ASX) Stock Market Forum

ADV - Ardiden Limited

The spin off GT1 has an announcement out also shown on ADV announcements.
SP moving. It's 11:10am ESDT and volume is at a 5 month high... may get interesting, or not?

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Price moved on the back of GT1 announcement because ADV owns 13% of GT1. GT1 up 9%, increasing the market cap by $9mil. ADV up 25% increasing the market cap by $65mil, so probably a little over- enthusiasm there by the red cordial brigade.
 
Chart update.
Expecting some love to come back to Ardiden soon enough, provided they keep getting reasonable results and the pog keeps up. Been over a year since I've held.

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