ADY 0.00% 0.7¢ admiralty resources nl.

Ann: $2 MILLION PLACEMENT OF SHARES , page-9

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  1. 4,863 Posts.
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    Brindy

    suggest that you check the charts my friend. Its been running down not up. In addition millions of new shares have been issued each year. Will be a two billion share stock soon.

    If someone was really interested in Vallenar they would have come good a year ago when iron ore price was lower and a better financial deal a by-product.

    Check out all of the past ADY announcements for two years and you will see that management has been teasing shareholders with goodies that never eventuate.One disapointment after another. BUT directors still get paid in cash plus shares.

    I am glad that i bailed when i did and took my losses.

    Pity that no Class Action was possible against past CEO. You see ADY had no insurance cover so there is little to sue for.
 
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