This in an absolute rort. Even in this market a share isssue will raise $36 million. ADY is basically insolvent and will out of business this time next year. The IO boom finished when the first FMG boat left Port Headland in May.
They could do a rights issue of 1 billion shares at 0.036 and close the IO mines.
This is a scam and it should have been put to share holders.
news out, page-45
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Change
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Mkt cap ! $11.40M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 125137 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2539287 | 2 |
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