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!
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- Ann: Adriatic Metals plc to Acquire Tethyan Resource Corporation
Ann: Adriatic Metals plc to Acquire Tethyan Resource Corporation, page-6
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$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. |
---|---|---|
$3.17 | 625 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 3169 | 3.150 |
2 | 2100 | 3.140 |
1 | 625 | 3.130 |
2 | 3625 | 3.120 |
5 | 11565 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.170 | 625 | 1 |
3.180 | 625 | 1 |
3.190 | 625 | 1 |
3.210 | 625 | 1 |
3.220 | 625 | 1 |
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