ADY 12.5% 0.7¢ admiralty resources nl.

Ann: $2 MILLION PLACEMENT OF SHARES , page-34

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  1. 688 Posts.
    its not too long ago that they raise cap 1.4c

    those ppl or others that bought the dumped shares at higher prices suffered big losses

    the only reason 0.9c is the floor atm is becos of cap raising for $2mill @0.94c

    BUT even then ppl are willing to dump shares already below the cap raise price. Got 5 mill at 0.9c and quickly dumped it back at 1c for fast profit

    I was researching and reading about ADY over the weekend

    Technically and fundamentally i think 0.5c is a very real target AFTER the PUMP AND DUMP

    I did initially thought 1.2-1.3c was fair value but seeing how it got dumped so severely, im thinking fair quick entry will be the previous low of 0.7c and then who is to say it wont go lower

    Many ppl got killed on ADY since it peak above 60c

    The fact that ADY has so many shares on offer allows many to trade big parcels with even bigger losses

    Caution re getting sucked into the pump and dump by the instos or manipulators

    For once let them feel the pinch

    DISCLOSURE - DYOR!!!!!!
    Overall ive only profitted from ADY cos i traded it technically only but fundamentally its a goner. Extremely risky stock
 
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