ADY 11.1% 1.0¢ admiralty resources nl.

finance

  1. 212 Posts.


    Not only do I believe Ady will get finance but they will have a choice to make on which party they go with.

    The main reasons being:

    *Ady has all its fundamentals established as a company
    *It already has longevity as a company.
    *It has huge liquidity which for a small company is unusual.
    *It has a product ready to go with rediculous amounts of stock ready to be mined. (rediculous in comparison to SP)
    *i/o price is rebounding
    *location
    *Substantially lower debt.
    *and J/A


    NB . If this company was just starting out and all they needed was finance to begin, the theoretical SP in my opinion would be at least double.

    Investors here are emotional due to losses from no stop losses etc . When people are afraid thats when you get bargains. In a normal situation , those last two ann. would have had a much greater impact. Fortune will favour the brave.

    Ady is a risk, but a calculated one in my opinion.

    Regards , Budfoxx.



 
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