ADG 12.5% 0.4¢ adelong gold limited

You might be right @playwithfire....or perhaps he's just...

  1. 1,655 Posts.
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    You might be right @playwithfire....or perhaps he's just developed an inexplicable craving to collect ADG stock as some sort of devaluation trophy (or maybe a sizeable capital gains tax offset at some stage in the future as part of his overall investment & portfolio management strategy).

    Croupier has thrown plenty of cash onto the DDD / ADG investment pyre : substantial holder notices suggest he hasn't sold much...

    07/06/18 – 26/05/20 : $311,500 (170,500,000 shares @ $0.0018)

    09/02/21 : $40,000 (8,000,000 shares @ $0.005)

    12/02/21 : $15,000 (5,000,000 shares @ $0.003)

    23/02/21 : $132,500 (26,500,000 shares @ $0.005)

    02/06/21 : $100,000 (20,000,000 shares @ $0.005)

    03/06/22 : $126,000 (42,000,000 shares @ $0.003)

    07/07/22 : $60,000 (3,000,000 shares @ $0.002)

    ---------------------------------------------------------------

    07/06/18 – 07/07/22 : $785,000 (275,000,000 shares @ $0.0029).

    1:10 share consolidation finalised on 13/10/22.

    27,200,000 shares shown on Form 604 @ 30/06/23 so it looks like he either sold 3,000,000 shares at some stage before the share consolidation (or maybe it was a typo on Form 604 & perhaps should have been 27,500,000 rather than 27,200,000).

    ---------------------------------------------------------------

    Then add…

    25/01/23 : $80,000 (6,666,666 shares @ $0.012)

    15/02/23 : $12,466 (1,333,334 shares @ $0.009)

    30/06/23 : $60,000 (7,000,000 shares @ $0.0086)

    06/12/23 : $60,000 (10,000,000 shares @ $0.006)

    13/03/24 : $100,000 (25,000,000 shares @ $0.004)

    14/03/24 : $60,000 (15,000,000 shares @ $0.004)


    SUMMARY:

    Proksa's spend on DDD/ADG stock is circa $1.16m for 95,000,000 shares (i.e. $0.0122 / share).

 
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