directors interest notice, page-3

Peter, if you're right, you're also forced to ask yourself the question: "Why should ADY be any different from any company on the ASX"? If it's subject to such manipulation, probably they all are, and the conclusion would be that the Australian stock market is not safe to invest in. This may well be the case.

My own view, as I said in my email to you last night, is that ADY's projects are probably sufficiently advanced that they have the momentum to overcome such manipulation (if there is any). Whatever goes on with the shares, the projects are very valuable and as PT pointed out somewhere, at some point the market won't allow any arbitrage with regard to the share price.

Slight digression: I've also been looking at GXY, and they too are backed by our friends at State One.