ADY 10.0% 1.1¢ admiralty resources nl.

I could not think of a worse comparison.Twiggy got things done....

  1. 466 Posts.
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    I could not think of a worse comparison.

    Twiggy got things done. If the price went up he raised the cash needed to accelerate projects.

    To my recolection twiggy never got the price up, said no more capital issues and had the price collapse because the company ran out of cash.

    Twiggy managed his funding better than anything else.

    ADY had the resource, and market support and was simply too greedy to fund the project when it could and on reasoable issue price. Now ADY is clearly unable to pay its debts, the market disbelieves management and the inevitable dilution will be on very poor pricing, and if no dilution, it will be in receivership by the end og September.

    Turning ones nose up at oportunity is not Twiggys scene.

 
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