ADN 12.5% 0.7¢ andromeda metals limited

I appreciate your input, but not trying to buy any more shares,...

  1. 522 Posts.
    lightbulb Created with Sketch. 57
    I appreciate your input, but not trying to buy any more shares, I have secured my holding quite some time ago. I see a few of your points but I also see this statement & question of yours as a bit strong:
    ADN NEVER has a CR?
    Likely...100%
    and you later say this:
    "He said the testing is very expensive and they'd prefer to save the money "



    Your two posts almost contradict each other. The fact JM is trying to "save" money indicates to me JM is realistic that the company is going to need money at some point, they don't have a bottomless pit of cash atm, even thought they are cashed up.
    Alot of things can go wrong before money is paid to shareholders in the form of divs.

    I just put the question out there as it was something not really considered that the SS will include CR. I wanted some views. I get a bit nervous during trading halts that it might not be all champagne and roses.

 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.