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21/07/11
12:37
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Completely agree. Market has snubbed its nose at this one and given it a very remote chance of success.
Given Gryphon Minerals is sitting at around $600M in MC it makes a mockety of AQD bobbing at just above its cash levels.
Doesn't give you much confidence when the Board aren't buying either.
Announcements have been very slow... in summary it has all the characteristics of a "dog" .. with fleas.
The price has halved since October last year and the only change I can see is that the gold price has gone up.