ADY admiralty resources nl.

rights offer, page-15

  1. 287 Posts.
    Dunno

    My rights amount to a good dinner with the family so the money better spent there.

    ASX next bull market needs to clean up its act and make these kind of guys deliver what they promise without a yard of excuses. And if not expose them. Let 'em buy a pokies or casino business.

    They're in business for themselves and an ASX listing is a good investment in respectability and little done if abused.

    It hurts to say that if all the money I spent on "explosive resource companies" had been invested in BHP in 2006/7 I'd be up 40%. No substitute for quality management. I think we speculatoirs overlook this fact too readily. Lesson learnt here.
 
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