ADY 0.00% 0.7¢ admiralty resources nl.

nurse... nurse..., page-25

  1. 11,704 Posts.
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    Brabus, this is what happened. This morning someone woke up, and after hearing the OS news on resource stocks, they decided to move their money out of ADY and into resource stocks which are perceived to be bouncing. Most are up today around 5%. That took out 2.7m from the buy side of ady and put the sp at 14.5c. Then all the panic selling commenced. That took the sp down to 12.5c. The sp has since bounced a bit, now at 13.5c. Where to from here? I'd say up! Particularly if PT releases an announcement confirming the Shougang supply contract and loan arrangement is a done deal. Quick money for buyers IMHO.
 
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