ADX adx energy ltd
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speculative buy placed on adx

  1. Randy Savage
    5,641 Posts.
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    20/11/11
    18:42
    Post #: 9312667
    Good to see that Peter Starchan has placed a speculative buy on ADX ahead of testing at Sidi Dhaher in his report dated 17th November.

    He also sees some good upside... "Allowing for normal market dynamics, a price target of 20 cps or 70% of the risked appraisal asset value appears achievable, however un-risked success value for the prospects listed amounts to over $4 per share".

    http://www.adxenergy.com.au/documents/1321569416_StockAnalysis%20Special%20Edition%20for%20ADX%20(17%20Nov%202011).pdf

    DYOR
    ADX Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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