ADG 0.00% 0.4¢ adelong gold limited

Ann: Director Appointment / Resignation, page-31

  1. 1,710 Posts.
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    @mrBIGstuff23, it appears Peter Proksa's spend on ADG shares (according to the substantial shareholder notices) is $882,466 & he holds 45 million shares (as at 30/06/23) which suggests an average buy price of $0.0196 (i.e. almost 2 cents per share).

    Share purchase dates & cash spend details are below. It looks like he bought bigger chunks during the period when DDD management were still spruiking their fantasy / illusion about gold production in 2022 (which didn't eventuate for a variety of reasons).

    Since July'22 it appears Proksa has trimmed down his spend on DDD/ADG stock compared to his cash spend during the May'20 - Jun'22 period.

    07/06/18 - 30/09/19 : $25,000
    03/02/20 : $10,000
    24/02/20 : $46,500
    11/05/20 : $125,000
    26/05/20 : $105,000
    23/02/21 : $132,500
    02/06/21 : $100,000
    03/06/22 : $126,000
    07/07/22 : $60,000
    25/01/23 : $80,000
    15/02/23 : $12,466
    30/06/23 : $60,000
 
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