General comments/chat, page-25350

What a dreadful situation.

ADN have done a lot of work over a decent period of time and it’s looking like bearing fruit on several fronts with significant anns anticipated.......yet the prospect of shorters entering will have shareholders running for cover!

I’m in (again) and hopefully the next tranche of finance required which mightn’t be too far off, doesn’t attract the shorters.

The share price earlier in the year might have gotten ahead of itself as many have posted, even JM himself suggested as much, but hindsight is a wonderful thing isn’t it? Plenty of stocks are overpriced......FMG early days for instance, plenty of chatter about that.

Who knows?

I just hope a potentially great business isn’t ruined by shorters. They’ve done very well so far, they’ve made a killing and currently have punters on tenterhooks, what more could you ask for?

Is there anyone who can tell me how the shorters appear to have based their activity around a 15 cent cap raise. I’d pay up handsomely to be taught how to do that.