ADN 6.25% 1.7¢ andromeda metals limited

Ann: Andromeda Metals to enter HPA sector and management changes, page-20

  1. 99 Posts.
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    Hi Folks, recent investor in ADN here, I decided to pick up some warrants at the start of this week - didn't get as many as I would have liked, but still a decent handful and pleased to be on board.
    I have invested due to the management changes, the tie up in Alumina/kaolin with MEP, who really seem to know their onions, and also for the NVO nearology in the Pilbara (which I see as a gamble but one worth taking all the same). Plus I really like the look of Aussie resources in particular going forward from here. I'm interested what may come out of the Northern territories but can't say that to date I see it more as potentially interesting. Of course there's other oarts to this company but these are what grabbed me in particular.
    I really don't like big free floats, hopefully that gets wound back in so a few more institutional holders get aboard as currently on the old data that I saw over half of this company is owned by retail.
 
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