ADY 0.00% 1.1¢ admiralty resources nl.

announcement out, page-51

  1. 311 Posts.
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    Too many shares on offer for a company that is still in the project stages at which they're at. Highly "liquid" and manipulative for short Hedge funds and others to collude and short on currently. Great prizes to be had however for those that can hold as when this sucker runs, it will be big (with RLL and ADY exposure)

    The need for share consolidation is also quite key in order to limit this type of trading activity. One thinks they need address some of their debts /funding position firstly prior to putting this to the shareholders (otherwise it will not get up if there is any hint of continual dilution via placements and the like when it does occur - I'd prefer debt clearing prior to any promises from PT)

    Notwithstanding all this....fundamentals look great and steadying of the ship is starting to occur.
 
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Mkt cap ! $17.92M
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Buyers (Bids)

No. Vol. Price($)
1 2000000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 252872 2
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Last trade - 16.12pm 06/09/2024 (20 minute delay) ?
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