PDY 0.00% 0.7¢ padbury mining limited

it was all to much

  1. 47 Posts.
    With the thought of consolidation because of the amount of new shares, the possibility of Taifeng or some other group getting 20% or more of the company, Sorry but it's all tooooo much, sold out on friday for a 30% loss, only had a few $k but I think with all the dilution and upcoming sale of part of the company in stocks,
    This is how I see it in the end....
    Project stakes...
    PDY share holders 60%
    Tailfeng/some group 10%
    AGU 30%
    I felt that AGUOA will offer better leverage and value in the next 12 months, PDY dropped 30% from the time I bought them and AGUOA has dropped 60% in that same time period, I feel that AGU's 30% of the projects and only 300mil shares on issue, with no real need to further dilute with the exception of the options will make a good switch for me, looking to get into AGUOA on monday, will be happy at around 1 cent, will see what happens in the next 12 months may jump back with greater buying power due to AGUOA leverage if all works well...........
    Just my opinion, love the resource, just dont like the dilution ect...

    Shoot me down if you must...

    dyor.......
 
watchlist Created with Sketch. Add PDY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.