ADY
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9.09% 1.2¢ admiralty resources nl.

GL.You need to compare MC not SP:MC of ADY = $285 mill.MC of ORE...

  1. diligent
    25,520 Posts.
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    28/02/08
    22:29
    Post #: 3410098
    GL.

    You need to compare MC not SP:


    MC of ADY = $285 mill.

    MC of ORE = $7.4 mill.

    ie ADY has a MC approx 39 times higher than ORE and so it should be considering ADY is much closer to its lithium production and Iron Ore. That's not to say that ADY is not cheap, but for a different reason.
    ADY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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