G'day FlippinPhil,
I agree with your sentiments. First Cape Management forshadowed that they would exercise their remaining 12m options in a letter to ADO dated 17th February 2011 (released to the ASX on 21/2/2011).
It's refreshing to see companies "follow through", and reassuring to know that First Cape has enough confidence in ADO to be holding in excess of 16% of ADO's FPO's. It certainly gives me a great deal more confidence that a deal or deals for ADO "is just around the corner". Another $667,775 "in the kitty" doesn't hurt either!
Goggo
Ann: Change in substantial holding , page-4
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2.5¢ |
Change
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Mkt cap ! $62.24M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.5¢ | $50.59K | 1.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1119999 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 139584 | 1 |
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