ADG 8.33% 0.6¢ adelong gold limited

I see it a little bit differently. When they spun out Cosmo and...

  1. 525 Posts.
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    I see it a little bit differently. When they spun out Cosmo and gave holders shares the SP went down as DDD lost mining potential. With Cosmo now included under DDD I'd expect it becomes more appealing for potential investors. From memory it was valued against the SP as 0.008. If this is the case and we see a SP rise then that will offset the planned value of Cosmo shares. It was approx 4200 shares per million so even a rise of 0.1c will offset the IPO value of the in-speccie shares. Just IMO, I have a decent amount of both.
    @Hoodlum interested to hear your thoughts as a longer holder who has done in depth research into DDD?
 
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