ADN 6.67% 0.7¢ andromeda metals limited

HI Bio, Not sure exactly what your point is - whether they said...

  1. 164 Posts.
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    HI Bio,
    Not sure exactly what your point is - whether they said it or not their duty is to act in the shareholders interest - and that usually means NOT losing 75% of shareholder value in a year...... but to entertain your point a bit further.....THEY did say infer in the last Annual Report when the share price was mid to high teens that shorters were somehwat repsonsilbe for a lower share price then could we otherwise have expected. THEY did approve spending something like $100m on buying the remaining 25% share of the project from MEP which also suggests they think the share price should be about 4 time higher that it is now. And they do appoint snr mgmt who delighted us this wonderfully priceless piece of artistry which also indicated we should be a little higher then 4c a share.

    Its hard to imagine we are the same price we were 3 years ago and yet people still believe we are kicking goals, and we should act like passive wall flowers at the next AGM.....

    https://hotcopper.com.au/data/attachments/4786/4786769-965820673a7a76156c742311f9840f19.jpg


 
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