ADT 3.62% $3.99 adriatic metals plc

Broadly retail selling, institutions accumulating over past...

  1. 29 Posts.
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    Broadly retail selling, institutions accumulating over past year.

    Management and Institutions holding 71% now up from 63% a year ago. Top 20 now at 77% up from 67%

    IMO Deep value story at play if the PEA /PFS gets in the ballpark of figures which have been touted (ie low Capex, short payback, high IRR, high NPV and lots of free cashflow)... Then I think one of the suitors may make a play - though would need to be for the right price!

    Add the exploration potential and the future should be rosy.

    DYOR

    https://hotcopper.com.au/data/attachments/1756/1756151-701405132b06a127e492d885ca3f4602.jpg

    https://hotcopper.com.au/data/attachments/1756/1756159-681e6f88826359f64bcc27199142ddf7.jpg

 
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