More than just a mystery, it's a travesty to shareholders to see no reflection of this in the share price, let alone any apparent attempt by the BOD to do anything about it other than point it out at the AGM some months ago.
And let's be honest some of us here such as myself bought it as an arbitrage play instead of ADN but there are some very weak holders here doing the same as the moment ADN rises we do slightly.
However the moment ADN goes red we get dropped like a hot potato by some very weak holders on the register.
Have some conviction and belief in why you bought in the first place and you may find you're not caught on the wrong side of an announcement (and it only takes one) and end up regretting the decisions you made.
I'm still holding and not selling one single share no matter how much ADN goes up and down a tiddly amount each day.
But yes frustrating as hell to watch!
MEP Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
