ADT 5.03% $3.59 adriatic metals plc

Hi teamFirst post, but long time holder.Just been reading some...

  1. 197 Posts.
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    Hi team

    First post, but long time holder.
    Just been reading some of Pamplona Trader's tweets and came across a fully warranted crack at Sandfire for taking frivolous legal action against ADT.
    https://www.investegate.co.uk/adriatic-metals--adt1-/rns/litigation-proceedings-commenced-by-sandfire/202007301802506788U/

    Sandfire alleges that it was entitled to acquire a total of 4,127,139 shares in Adriatic, in the form of CHESS Depository Interests, at various issue prices pursuant to its anti-dilution right in the Deed.

    Smells like more of an attempt to suppress the SP.
 
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