ADY 0.00% 1.2¢ admiralty resources nl.

Canzman, exactly right, So where will the sp be when the dust...

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    Canzman, exactly right,

    So where will the sp be when the dust settles?

    I don't think the ady sp is entirely up to the whims of the hc daytraders and dumpers. You may have noticed that when the analysts thought ady had got its funds last week the sp shot up to 9.5c on maximum asx volume. Then when the analysts found out that was not the case it quickly fell back to 6-7c.

    So I reckon if the report indicates ady has the cash to make the Oct HW & YA payments and to cover operating costs for the remainder of 2008 that should alleviate many concerns and give ADY the time it needs to obtain the capex funds. I expect that to be the case, otherwise PT would not have opted for handing over 3m to HW in Oct.
 
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