ADD 0.00% 0.3¢ adavale resources limited

jorc announcement, page-37

  1. 868 Posts.
    lightbulb Created with Sketch. 3
    Truth..... like the share price....hurts..

    Trees.. had hoped for much more from this company...maybe Adavale is nothing more than another Perth penny dreadful... who's Directors have little integrity and no desire to create value and wealth for fellow share holders... only themselves..

    All I can see at the moment.. is a reduction of the cash base... on the same tangent as the share price..
    No uranium..
    No coal..
    Continued flow of money into Directors pockets..
    Possible massive dilution..
    No accurate or regular communication with share holders..
    Growth of Directors wealth at the expense of small.. and loyal holders.. some who have held and supported the company and its Directors for years... and seen no return.. only an erosion of their hard earned capital..

    This is not a ramp... only the truth as I see it.. if anyone can put a different spin on this.. would love to see it here...

    Good luck..
 
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