Hi Buddy, Most people aren't going to sell for what you call a quick profit because it was a 1-4 rights issue so they would only be hurting the rest of their holding ( i.e the other 80% unless this has also been sold which most people would not have imo )
There is also a JV ann. most likely on the cards before Christmas which will also hold the sp not to mention the recent balance sheet improvements . Any selling will be eaten up as the positives are growing and the momentum is now up.
Just u watch.
Ady can only go up from here
ADY Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
