kray,
exactly ! that's the 1 million Dollar question. This whole placement that triggered the conversion at unfavourable conditions stinks and PT better should explain what is going on there. I don't mind if they lie about the stockpiles but when it comes to such unfavourable dilution I take it very serious. ADY is comparable to all the desperate OTC-BB/Pink sheet companies in te USA that dilute and dilute. It is a no go to finance through Cornell - I said that before and now everyone knows. Specially something with the conversion of the first Cornell note was wrong and ADY provided misleading information (175% of shareprice triggers forced conversion).
Again, ADY seems to have some potential but has no future with the current management - they will never act in favour of shareholders.
It's a shame for the ASX !!
Lenni
kray,exactly ! that's the 1 million Dollar question. This whole...
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