ADY 0.00% 0.7¢ admiralty resources nl.

bullish divergence, page-5

  1. 801 Posts.
    Hi Tilerman, thanks for your views.

    i totally agree with your 2 points except that i am also interested in the SP because I see this drop as an opportunity to sell and buy back a greater number of shares with the same amount of capital that i have at my disposal.

    this is only because i think the long term potentials of ADY/RLL are huge especially for a small cap that is already earning an income from the sales of its iron ore.

    i think a couple of the sharp drops were created for good entries and it obviously worked for those buyers. i have also noticed that the buying side is so thin that buyers are obviously waiting to see what eventuates. this gives some the potential to continue manipulating the price because some holders will panic and sell into the weakness.

    i have come to appreciate the potash story, esp. with the increasing global demand for it.

    best wishes with your investment. M
 
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Mkt cap ! $18.40M
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Buyers (Bids)

No. Vol. Price($)
3 700000 0.6¢
 

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Price($) Vol. No.
0.7¢ 1366311 1
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