ADX 1.10% 9.0¢ adx energy ltd

the cone re: "This has been severely punished"Yes agree I think...

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    the cone re: "This has been severely punished"

    Yes agree I think the punters have read the ADX announcement results incorrectly (again) just as they did
    with the latest Anshof results, and the share price went down(AGAIN), so I brought more
    ADX (again).

    The only downside for me was I had to sell some of MAY to do it,
    (the MAY share price has also not reacted much to what I thought was an excellent MAY announcement),
    but I rotated out of MAY to ADX (again) based on relative market cap to share price for both coys
    as well as considerations of % share of project and country risk.
    I like both coys and hold a substantial position in MAY
    but think ADX is the more undervalued (both now and for potential upside)
    JMHO....



    Last edited by car27: 25/03/24
 
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