ADY 12.5% 0.7¢ admiralty resources nl.

Disgraceful management by the company to see its one world-class...

  1. 6,317 Posts.
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    Disgraceful management by the company to see its one world-class asset (and no doubt the reason nearly all of us bought ADY in the first place) sold in order to cover losses on poor decisions in iron.

    I don't understand why people think this is a good thing. I see it just a necessary disaster to keep the company's head above water, leaving it with a half-baked iron operation, outstanding legal action, and no good assets.

    I'll continue to hold because my average buy price was 30c, but rest assured I will never have anything to do with PT's inept management ever again.
 
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