ADY has put a string of good announcements together but it's not exactly putting a rocket under the sp. It hasn't moved out of it's recent trading range.
Alot depends on the exact details of the latest transaction, details which we aren't privy too.
- How reliable is the counterparty?
- Is there any deposit?
- When will delivery take place?
- Are there any penalty provisions?
etc etc.
If the counterparty reneges it will be another serious blow to ADY's credibility. I have the funds to move from top 20 to top 10 but I'm not ready to commit them yet.
pressure off, page-3
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