ADY 0.00% 0.7¢ admiralty resources nl.

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  1. 4,287 Posts.
    Hi Tannee welcome aboard the good ship ady. Just a few things you might be interested in as I saw the report on reuters re a buy for ady. It is a very non specific analysis but a buy is better than a sell. There is a firm called sadif analytics who have given ady an outperform and are quite bullish going forward sorry in advance for not being able to post the link but search and ye shall find :). You are probably aware that there is a meeting to approve the issue of more shares next fri 21st aug. I expect this will pass as it will give ady time to get the right funding. I was bullish on them gaining finance prior to the meeting and it still may be the case. However, worst case scenario is they have to issue more shares at least for one may be two months which may bring total shares on issue to around 1.6 bill. Not a bad result but the sooner they get finance obviously the better. This may be a consolidation stage and I know ppl have stop losses in play but ady for me is a hold no matter what. I have cash aside to keep buying more. Ady is a stock that once it announces production won't be going up by one tenth of a cent increments and I am not going to be left at the dock because I was trying to make 5% here or 10% there. The thing is this could sail any day or week and I don't want to be saying if only?. I hope you have researched this co well and you are positive with the management going forward. I believe JA with his no nonsense approach will get the funding required and as I heard on the cab rank it may be up to twenty mill.
    Happy sailing
    PGamble
 
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