ADN 6.25% 1.5¢ andromeda metals limited

Ann: Change in substantial holding - Buratu, page-121

  1. 1,118 Posts.
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    half a billion options with exercise at 1.2c. massive drag on upside.

    imo, there are fundamental issues with the project and strategy. I have covered this in my previous posts e.g. water.

    recent pump has been the s706s who participated in recent raise. in my opinion, they (we) also held the price down so that those who were heavily scaled back could buy more. I also foreshadowed this in previous posts and picked up a bunch at 0.5 and 0.6c.

    I'm not going to pick the top of this pump. I've made my 100%-120% and I'm happy with that.

    I think SP may drop to 0.9c and that may present another entry opportunity.
    Last edited by 043110: 26/05/19
 
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