Buddy I havn't brought or sold ady for a couple of weeks although I should have , I have stated that theres an easy buck to be made for those willing to give it ago and this is what zvim should do rather than sitting by and hoping it will reach double figures. I will continue to trade ady once it's immediate future is given the ok if and when the Charge deal goes through.
I'm not downramping as management has down a pretty good job at that by giving holders and investors very little to cheer about.
I just don't think that long term ady will survive as a small time iron ore producer based on the current demand and it's poor performance to date . If you believe that economic conditions will improve and suddenly io prices and demand will increase good for you.
If the deals goes through expect a pump and dump maybe to 1.5 and then it will retreat back to 1 cent just watch. If the sale doesn't happen you will receive next to nothing and 1 cent will seem like a good price. Just my opinion and I hope for all you holding that tomorrow isn't ady's final day on the asx.
"Admiralty Resources NL will receive a total of A$36,281,536 in four tranches. The first tranche of A$28,781,536 is receivable at settlement after binding agreements are entered into, expected to be today or very soon thereafter. The final tranche is receivable by 30 June 2009"
Thats 4 weeks ago so whats the hold up?
I give it 50/50 that ady will be no more by 4pm Friday the 28th of November 2008.
No surprise it closed at .9 today , but it's all good isn't it you "diehards".
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.40M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 811468 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.005 |
7 | 2324582 | 0.004 |
6 | 5998334 | 0.003 |
5 | 3838666 | 0.002 |
2 | 3350000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 811468 | 2 |
0.008 | 2550000 | 3 |
0.009 | 156360 | 1 |
0.010 | 166666 | 1 |
0.011 | 2032977 | 1 |
Last trade - 16.21pm 02/07/2025 (20 minute delay) ? |
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