Why wouldn't you go for bhp instead? well the chance of bhp getting to say $150 is much smaller than ady hitting say 50 or 60 in the same time frame. Bhp is riding the hype of a offer from the chinese and if that doesn't happen watch it go back to the low $40's. Ady has had many set backs but once the dust settles and the real announcements are released regarding upgraded jorcs, li and io signed contracts and the valuations it won't be down here for long. Considering it had 200+ million shares thrown onto the market due to the selling from ML and anz, it could have hit the low teens if there wasn't potential there. Someone is buying for every one that is selling, who's making the right decision that's the big question.
ADY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
