"(Since management cant be trusted to act in the shareholders' interests perhaps the best option for shareholders is the get ADY put into administration. That will call off the wolves (HW receivers and YA Global.) The administrator can then take his time and either get a good price for Rincon by tender or find a JV partner. ADY would then come out of administration when its debts paid and would resume trading normally (perhaps with some new board members).)"
Kacy,
That is the best comment/solution ever.
Why don't we?? We have nothing to loose (with the current sp), but plenty to gain from it, if it will go through as you suggest.
Go for it.
Buddy
has sale of rll gone through?, page-18
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.40M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22694 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 216360 | 1 |
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| Last trade - 16.12pm 01/11/2024 (20 minute delay) ? |
| ADY (ASX) Chart |
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