ADY 0.00% 0.7¢ admiralty resources nl.

What was it that happened mid to late july that resulted in the...

  1. 354 Posts.
    What was it that happened mid to late july that resulted in the price explosion to .60 levels?

    Whatever it was, it looked unusual, and the price has since been settling back to real value of between .38 and .42. ADY looks like it's holding out the current turbulence well, indicating that the real value and potential of the company is understood, or a whole lot of crazies have managed to camp out here together by coincidence.

    I don't see this falling further below these levels, and it should begin it's steady rise again as we get closer to more contracts, and as the realisation that the credit market problems are not significant for the braoder economy and well contained.

    There's games being played at all levels...

    Time will tell.
 
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