ADY
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4.17% 1.2¢ admiralty resources nl.

oversubscribed

  1. CossieT
    14 Posts.
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    02/11/09
    17:35
    Post #: 5863809
    A quick check of ASX announcements shows that the rights issue was oversubscribed.
    Is it a display of shareholder confidence for the longterm? or simply buying up a bargain for a quick resell and profit?
    In my view, confidence about the future.
    ADY Price at posting: 8.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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