ADY 22.2% 0.7¢ admiralty resources nl.

environmental impact statement approved, page-25

  1. 988 Posts.
    Manfuzu,

    1.5m shares or so went up sale at 51 - 51.5c, approx 10 minutes after todays announcement. It appeared to effectively provide a ceiling and cap the price. When the price drifted it disappeared.

    Today action appeared blatant, however I have been wrong before, and at the end of the day, you have no idea unless you are the seller / buyer.

    In my opinion, the ceiling allowed accumulation below. Another announcement would not have surprise me, however I tend to think it not likely given the upcoming demerger.
 
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