ADY 0.00% 0.7¢ admiralty resources nl.

Ann: $2 MILLION PLACEMENT OF SHARES , page-27

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  1. 1,887 Posts.
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    I am a fulltime trader and I honestly feel sorry for any holders of this stock, especially those who astutely bought on the consideration of Rincon. It was a good decision as lithiums demand is going to increase exponentially along with electrically powered cars etc but I wont go there.

    John Anderson ...

    How do these people get jobs of such responsibility when they show none. I dont hold stock and wont be buying but did a little DD on the CO. as its a buy on some sites I visit. So John Anderson has awarded himself 4000000 shares for selling a high potential asset for pittance and dilution after dilution to pay his rediculous salary and admin costs...disgraceful. Then , he goes on to sell those shares that he freely gave himself for 60,000 dollars just weeks after the issue(vote no confidence) on top of his rediculous salary.

    To start a further discounted dilution with "admiralty is pleased to announce..." is showing absolute contempt for shareholders and this is when I feel for stockholders who deserve alot better.

    The best way to make them pay is sell, sell, sell before the instos pump and dump it. This way the insto will be left to hang but we know that wont happen. Unfortunately, as somemone else mentioned , it will be pumped, dumped, consolidated 10:1 name change again, payrise for managemnet for there hard admin work.

    Lastly, investors who are hanging in there, if a JV was to happen , it would have happened long ago, whos going to jv ady with no money, no proven reserves, no refining machinery, more shares than sand particles on bondi.

    Such a sad sad story.



    IMO so DYOR
 
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Mkt cap ! $18.40M
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0.6¢ 0.7¢ 0.5¢ $10.19K 1.717M

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2 580867 0.6¢
 

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Price($) Vol. No.
0.7¢ 1366312 1
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