Hi @midastouch0707, how's things?
Looking at the latest announcement from ADG it appears Ian Hastings has re-positioned himself as executive chair while Peter Mitchell has decided it's in his best interests to vacate the position of managing director.
IMO, the likelihood of ADG or Cosmo delivering a positive return on investment for long-suffering retail shareholders is somewhere between slim to none. Investment miracles sometimes happen with struggling micro-caps but seems unlikely ADG / Cosmo will deliver the discovery miracles needed to rescue their ailing share price.
I'm yet to receive a hardcopy of the Cosmo Gold annual report in the mail. Perhaps they've run of of cash for envelopes & stamps, or just can't be bothered.
Still holding ADG stock but anticipate claiming a capital loss at some stage to offset some tax obligations on profits from other stocks.
Cheers
GW
Hi @midastouch0707, how's things?Looking at the latest...
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $6.708M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $9.424K | 1.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 13655192 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1732673 | 2 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| ADG (ASX) Chart |