ADY 0.00% 1.1¢ admiralty resources nl.

management, page-13

  1. 577 Posts.
    ["They cannot take over assets that don't produce anything."]

    For a start, both parts of that statement are incorrect - they are producing (maybe not enough) and anyone can takeover whatever they like. The resources and potential are still there - nothing's changed in that regard. The main issues are to do with cashflow and alleged underperformance of management, and those are something that a cashed up buyer can easily fix.

    I'd even go as far to suggest that the current market is the ideal conditions to be driving down a price in order to get a bargain basement position...
 
watchlist Created with Sketch. Add ADY (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $17.92M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 2000000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 252872 2
View Market Depth
Last trade - 16.12pm 06/09/2024 (20 minute delay) ?
ADY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.