ADY admiralty resources nl.

Interesting analysis ecneitap.I have been watching closely as...

  1. 152 Posts.
    Interesting analysis ecneitap.

    I have been watching closely as well, and although your endgame scenario may be justified, I have seen the action somewhat differently.

    The early buying was solid and sustained and difficult to sell into viz buying back. It looked to me like a broker finessing accumulation. Backing off occasionally, allowing the sell side to build then gently lifting the offer. Occasionally giving a bit back, and possibly manipulating the close, supported by day traders exiting.

    The 'spastic' scenarios like today are when the day traders pile in, and start slapping it about like a pack of demented..well 'day traders'.

    The stock has consistently finished higher each day for a couple of weeks now.

    I have absolutely no idea why anyone would want to accumulate, and have no faith whatsoever in the Directors or company in general.

    I'm not generally a chart believer, but a 10 day minute chart paints a picture of textbook strength thus far.

    Again I am more than wary of any play here, but from a trading perspective, thats how it looks to me.

    Who Knows, maybe accumulation for the mother of all dumps?

 
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(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $10.51M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $1.4K 350K

Buyers (Bids)

No. Vol. Price($)
3 1498380 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1005164 2
View Market Depth
Last trade - 15.52pm 17/06/2025 (20 minute delay) ?
ADY (ASX) Chart
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