ARL 0.00% 41.0¢ ardea resources limited

MCR Takeover - what it means for ARL, page-13

  1. 3,329 Posts.
    lightbulb Created with Sketch. 1886
    Hi EZEART
    Thanks, Mate I ask you to answer one simple question honestly.

    Note to answer: Required reading of the announcements going back 1 year as per your post.

    Do you think the company, (Ardea Resources)
    - has changed materially in the positive.
    - Have the resources been worked on and received positive results.
    - Have management moved the company forward towards a partnership materially.
    - Are management working on the development of Goongarrie and the KNP.
    - Are management working on expanding the offerings and value proposition of the company.
    - Does the company have sufficient capital in the near term.
    - Are management conservative in the use of available funds.

    If you can answer YES to all or most of the above questions, the REAL company value has not diminished, it has increased in value.
    If you can answer YES to all or most of the above questions, the share price reduction is a result of GLOBAL economic factors.
    If you can answer YES to all or most of the above questions, the company management are doing what they are chartered to do.

    It is my belief that the REAL company has increased in value. This value will at some point be realised by the market.
    I am not concerned, but I am annoyed at the price of shares on the market today.
    RED

 
watchlist Created with Sketch. Add ARL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.