Thank you fancypants for a most helpful post which gives an added perspective.
Some time ago slipstream trader recommended ARD at around 25 cents from memory and than later recommended holders quit at around 15 cents BECAUSE NOTHING WAS HAPPENING.
Seems ARD have a history of nothing happening. Understandable because they do not have much money and kempfield is currently not economic without a rethink.
My suggestion to management would be to look for a partner with the view to external funding or take over.
Not investment advice do your own research
ARD Price at posting:
3.9¢ Sentiment: None Disclosure: Held
