Interesting video - he stated that ADT has not repally been re-rated yet but if they meet AISC of $US10 he inferred they will be re-rated upwards. The DFS was based on a $US7.30 AISC so he is suggesting an 37% higher AISC.
Rick Rule recently stated similar views on ADT being re-rated.
Do we have 2 expert views with strong credentials who have very positive views on ADT which stands in contrast to the clown of a fund manager I noted in an earlier post.
PS as I write this silver price is $US29.60 up 3.4% and PIG is $US2,399 up 1.34%.
ADT Price at posting:
$4.59 Sentiment: Buy Disclosure: Held
