- Joined
- 28 September 2007
- Posts
- 1,472
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- 8
Looks the ANZ are still selling. I assume the huge cross-trades yesterday were linked to the ANZ as well.
Roland, who do you use to get $20 brokerage?
cheers
hmmm - i paid $33 using etrade!
good luck.. i bought more at 0.19 yesterday and am regretting it a little. to be honest i am a litte unsure about ADY and its ability to stay afloat? i hope i am wrong and that the current shareprice is not a reflection of deeper fundamentals that i am not capable of understanding or knowing about?????
this is not a downramp in anyway because i have been with ADY for a while and cannot leave the damn thing even though i have tried for the past month?????
Roland,
I doubt there are 120mil shares left, as per the previous sell down these ANZ anns do not take into account T+3. So i believe the 120mil would be from trades placed on friday last week. You will notice that since monday another 195mill odd shares have been traded, do you seriously think that this is day traders producing such volumes... i dont think so.
Therefor we will see (as we did on the sell down from ANZ a few weeks ago) that they will disclose each day the amount of shares left which does not include unsettled trades (T+3).
pretty simple.
Day Traders? hard to know for sure, ANZ sold off another 5 million. If the stock flops backwards and forwards half a cent all day, then even if it were not day traders, it does lend itself to day trading - especially when there is a lot of volume
Looks like it was ANZ selling out last week. Interesting action around the close today. Just before 4.00 pm a single buy of around 3 million shares took out all the 20 cent sellers and another/same big buyer ensured close of 20.5 cents. Hope we get some follow through tomorrow so we can say goodbye to sub 20 cents for a while.
Some very confident buyers at the closing auction? I suspect we will hit resistance somewhere around 25 / 28 cents but we need a close above 29 to resume uptrend IMO!
I assume the quarterly must be due anyday! I wonder what tricks Phil has up his sleeve this time! Maybe he has discovered gold as the by-product of purifying the ore in Chile. Anything will be a positive given the recent corrections in price
Hi nikki - yes it was good to see the close at .205 - I guees I'll have to cancel my .17 standing buy order and set up the .215 sell order. I'm glad that you don't have to worry about your .19 parcel any longer
I have parcels seperated by 0.01 from 0.19 to 0.24 (then a lonely one sitting at .33)
hmmmm, i bought some at 19 cents but still have losses from the ones i bought @ 40 cents
i think if it holds above 20 cents i might keep my 19 cent parcels in the hope that news about that ill-fated demerger might appear one day?
Reason for the run today.. Opes is gone, Anz cease notice so their gone and surprise surprise the March quarterly report has just been released late arvo (the day after ANZ ceased to be a substantial holder).. I believe its great, have a look..
http://www.asx.com.au/asx/research/...jsp? searchBy=asxCode&allinfo=on&asxCode=ADY
Interesting next few months for ADY holders
...............................and look what they are startign to highlight. Yes Rincon Salar has potash and shizen loads of it. Now they just have to get rid of the pesky debt issue.
Starting to look interesting again.
..........................
They dont have that much do they?............ around 50(2p)mt?...............
..bit of an odd thing to say wipz, the Potash is really just a by-product of the lithium recovery process. The over tones of belittling ADY's Potash resource shows some ignorance of the larger picture.
Like most ADY investors, we are investing in a Lithium resource. To have some Potash at the end of the process is just some extra icing on the cake
Roland how did you take the March quarter report? I was very happy, I won't go into each point, but wow is all I feel, the next 8 weeks should be pretty intense on announcements. Again anyone reading please see the quarterly just out, I mean the next 8 weeks really are jam packed.
Ronald, have you picked some shares up at .21? If so, that would be a great short-term trade. so who can comment on the cash flow released today? Investors may concern about 20M loan?
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