ADY 16.7% 1.4¢ admiralty resources nl.

mps securites update

  1. 449 Posts.
    lightbulb Created with Sketch. 1
    MPS put out a small update on ADY in their Review of Resources and Energy. Still seem very bullish, and good to see Mario still holding as of 5th of Oct.

    http://www.mpsecurities.com.au/pubs/pdf/20...ug-Sept2005.pdf

    "ADY has announced its American Depositary Receipt programme, giving US investors access to the Company’s shares. If successful, at least 50% of ADY’s issued capital might end up in American hands."

    A bit of wishful thinking imho, but apparently ADRs are not trading yet, so you never know??
 
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