ADY 0.00% 1.1¢ admiralty resources nl.

The gap at 9.5 is likely to be filled in the next two trading...

  1. 3,344 Posts.
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    The gap at 9.5 is likely to be filled in the next two trading days imo.

    The big question is, will ADY start to form a base around that number?

    9c should hold, but if not I'm picking a bottom around 7.5c

    It's fair to say the a lot of excellent stocks have been hammered recently but the ones who's management consistently don't keep to their time lines get decimated.

    Unfortunately ADY management have an excellent track record of not meeting time lines and objectives.

    The remedy, yes there is one! ADY will be taken over for a song by a predator, who will inject much need capital, in conjunction with a rights issue for current shareholders.

    Current management will be sent packing.




 
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