What concerns me is that ADY is very much a sitting duck for an opportunistic takeover offer which would be a real shame for us shareholders not to see ADY meet its full potential within a few years!
Large organisations love moving in & plucking up companies like ADY who have progressed beyond the startup phase & especially when they have income coming in as ADY does with the iron ore shipments to China.....with Phil doing the rounds overseas re the lithium as well & US newsletters recommending ADY then it becomes more of a possibility everyday that some astute investors could be eyeing it off?
In July I kept having dreams that ADY was going to go into a trading halt opening at 50c & hitting 60c...it ended up doing similar to that stretched over 2 days but was probably just wishful thinking when you're heavily invested in a stock but now I'm having dreams (nightmares) instead that some company comes in & launches an aggressive takeover of ADY at a miserly 50c.....now, I just think I'm worried (rather than esp) that some shareholders might think it was a good deal & take it not realising the bigger picture so I'm hoping that this doesn't happen as do want to see Phil lead ADY into the future without being sacrificed to the giants...!
Appears lately that big support swoops in whenever price nears 36c but can't tell if buyers today are propping up to sell higher as general market looks iffy or do we have someone vying for a large position in case a contract is announced.....time will tell as per usual!
I can 'see' a future full of lithium powered transport...!
Katy
ADY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
