ADY admiralty resources nl.

turning point, page-5

  1. 7,117 Posts.
    Hey Patpat some interesting comments and thoughts there

    "The director knew that a capital raising was around the corner earlier and sold up, now a director has been buying up on a couple of occasions, which augers well for shareholders IMO. A floor has been established."


    As they say directors sell for many reasons but they only buy for 1

    the director buying at 1c-1.1c along with the corporate placement at 0.95c makes me agree that yes 1c will be a floor

    as for the upside Im not sure I will e happy with anything around 1.5c to be honest after all thats a 50% return
 
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