ADY 0.00% 0.7¢ admiralty resources nl.

its a must have monday morning, page-51

  1. 9,509 Posts.
    lightbulb Created with Sketch. 661
    Hi Fishead,

    I compare ADY with other companies for the very reason that this only will give us an indication how the market values companies like ADY.

    The reason why I mention OXR is for the reason that a lot of share on issue does not matter, what matters is that you have the resource and the management to unlock the value and to make good deals.

    What is the ultimate importance is the market cap of a company and not the amount of shares on issue.

    Ask any holder of PNA with nearly 1.5 billion shares on issue, they all make some good money right now.

    As I said before its the Marketcap you should focuse on and not the amount of shares.

    jojo
 
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