This is a great Pickup. Michael Perry used to be with Ernst and Young in Melbourne and has worked in key roles with Bhp over many years in auditing.
Success has followed this guy everywhere with one of his greatest qualities being knowing when to acquire and at what price. He is very very good at juggling and managing money which is why he's bben picked up by Ady imo...another good move from J.A!
Ady has burnt so many people that it has become a sleeping giant but it will not awake until the facts are exactly that ..FACTS. The majority of interest in Ady has waned, due to all the false and empty promises of the past...but..slowly slowly , the pieces are being put together and Ady will not look back.
There was a documentory on sixty minutes on Aussie resource sector stating that the Pilbara and most other mining regions in Aus are booming on I/o and barely got touched by the recession and are set to boom for the next ten years!
Ady has survived, which was the most important thing, now its just a matter of time and announcements until those cautious investors get on board and when they do Ady will fly.
Regards , Budfoxx
ADY Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
