ADY 0.00% 1.0¢ admiralty resources nl.

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  1. 10,202 Posts.
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    thomas aquired most of his shares as 10c options,along with buying on market in 2006 around the 8 c level.i followed ady from late 06 ,and posters were perplrxed why hes buying when the news was so slow on all adys projects,and generally said adys a dog that does,nt delever.come 07 and hes in the money,shares run to 60 c.he pays up to convert the options,all good.why he did not get a ordinary bank loan to pay up,rather than swing with the big hitters at opes prime is the question.maybe his risk tolerence level is /was higher than mine...or something more subversive going on////////////////////////
 
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