ADY 0.00% 1.1¢ admiralty resources nl.

is ady going to be take over, page-37

  1. 1,376 Posts.
    According to PT via email on Saturday

    -All scrip was bought on market following an indepth presentation to ML analyst by PT with the demerger sparking their interest

    -Main sellers were Algebraic and general trader churn

    -Collateral more than likely refers ML gearing their
    investment to buy the scrip, which is common for hedge funds and big institutional buyers to maximise their leverage

    -Extremely positive as it could encourage more institutional investment from other entities

    Ask and ye shall receive!
 
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