ADT 3.96% $3.15 adriatic metals plc

Ann: Adriatic Metals plc to Acquire Tethyan Resource Corporation, page-6

  1. 1,365 Posts.
    lightbulb Created with Sketch. 489
    Never saw that coming.

    Interesting that Richard Warke was the one rumoured to be behind all the large on-market buying of ADT at $1.50-$1.25 back 6-8 weeks ago. Millions of shares (from memory 6-8 million) in a series of large buys. Warke is Executive Director of Tethyan and his Augusta Investments owns 15.9% of Tethyan. So the question on my mind is how long before we see Augusta Investments appear as a major shareholder of ADT and how long before we see Richard Warke on the BOD???

    This would be a major coup for ADT given his profile, reputation and history of getting multi billion dollar deals done (Arizona Mining to South 32 for C$2.1 bill for example). Especially given this nice little extract from the presentation

    Host of Tier-1 deposits, attracting significant investment from
    the majors
    • Rio Tinto, Dundee Precious Metals, Zijin Mining, Mineco,
    Mundoro, and Fortuna Silver.

    Eyes on the prize ADTers. Eyes on the prize. The Big Bosnian in now the Big-assed Balkan!

 
watchlist Created with Sketch. Add ADT (ASX) to my watchlist
(20min delay)
Last
$3.15
Change
-0.130(3.96%)
Mkt cap ! $884.0M
Open High Low Value Volume
$3.22 $3.27 $3.15 $2.389M 748.3K

Buyers (Bids)

No. Vol. Price($)
5 17669 $3.15
 

Sellers (Offers)

Price($) Vol. No.
$3.17 625 1
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
ADT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.