ADY
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0.00% 1.1¢ admiralty resources nl.

ann on the buzzer , page-37

  1. buddy134
    24,386 Posts.
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    01/05/08
    06:48
    Post #: 3650005
    "(what is a letter of credit?)"

    Sarcophagus, it means that someone with money is backing ADY for the money supplied by NAB to ADY, in case of default.

    Thai is if ADY fails to pay it's debt, Shougang will cover it and pay for it.

    Buddy
    ADY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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