ADY 9.09% 1.2¢ admiralty resources nl.

Look fellas, i think newjo and i rationally worked it out on...

  1. 9,188 Posts.
    Look fellas, i think newjo and i rationally worked it out on friday night.

    Using a 60% ANZ sale ratio since Opes debarcle, they have (i thin from memory of that post on friday night) around (give or take) 100million shares still to be sold.


    So another full week...

    ...UNLESS...


    They recover all funds first and dont sell the remaining. But 100mn to go is a realistic assumption. Best case, ~ 70mn. Worst case, still have another ~150mn to go.


    Charts mean nothing in extra-ordinary times like (ie, opes). And if anything, the trend from the 45c is one way.


 
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