ADY 0.00% 0.9¢ admiralty resources nl.

ann out, page-36

  1. 377 Posts.
    directors buying shares is always a good sign. However, if a price sensitive announcment were to be released in the near future ( < 2 weeks ) PT would have to defend a case against insider trading. Therefore, i wouldnt expect anything to be signed/delivered in the near future. It does however show PT's faith in the company down the track, which he is going to have to defend come AGM time especially if no milestones have been met. Expect him to use this excuse that he has purchased additional shares as back up to shareholders as why ADY is 'a good investment' at the AGM. He certaintly hasnt got a lot else good to talk about.

 
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No. Vol. Price($)
3 1437145 0.9¢
 

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1.0¢ 700049 4
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