mljet, thx and i understand you point regarding directors...

mljet, thx and i understand you point regarding directors getting wrong sometimes. but pls i hope next time u present the issue with directors holding/selling, please do not just present them in the light that favours your position of the stock.

you wrote these;

1. Transocean would have been as close to the company as any investor. Why has he been selling if the outlook is as rosy as you all say it is? Food for thought hey?

and then

2. Directors holding. That does not always guarantee a stock is cheap.



well regarding market cap. as mentioned earlier, alot of us had this discussion a long time ago and were unable to point a valuation of ADO so i wont say much about your 6c valuation.

the market has been valuing ADO at that region for many months during last year and i guess the market in the long run, is always correct. imo, that base has been moved up with positive news such as
1. 7mil cash in hand
2. euro patent coming
3. 45-60potential coy testing
4. board renewal
5. recent ann saying they are discussing supply agreements with majors

surely the above 5 points are valid and should add something to that base valuation of 6c you've got there. no? happy to hear your views on these 5 points mjlet. thanks.