ADY admiralty resources nl.

$50 million royalties to bpaid 2ady over 5 yrs, page-13

  1. 3,851 Posts.
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    Nothing good ever happens it seems, just funds and assets drained off at questionable values to shareholders' detriment. ADY is a real ASX horror story.

    The only option for holders I feel is to sell out and reinvest what little is left of your capital in high-growth stocks with good management like AVB, PEK, MHM and others yet to explode upwards in value. Even then, it's a long way back to recover even half your capital. But what is the alternative? Ultimately oblivion I feel. I really dislike ADY and everything to do with it especially that Phil Thomas. I bought in for the lithium, not the stupid iron-ore debacle. And we all know what happened to the lithium asset that had so much promise, it really did.

    Top management is number one!!! For a start top proven management is not usually associated with dodgy companies and dud projects.

    I will now sell my holding which is almost worthless and reinvest in the above mentioned companies. My capital will be returned by 5 compounded doublings which is achievable in a couple of years or less. There's very little chance ADY will do that well.
 
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Last
0.7¢
Change
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Mkt cap ! $18.40M
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No. Vol. Price($)
4 2481393 0.6¢
 

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Price($) Vol. No.
0.7¢ 563474 1
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Last trade - 09.59am 13/08/2025 (20 minute delay) ?
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