Howdy James (and Drill King)
Certainly don't disagree with your comments James.
I shall take the liberty to expand on my thoughts re ADV;
In early 2017 the Board were very poorly regarded by all for inadequate communications without a doubt and I voiced my concerns directly to ADV as well. I believe the complaints from Shareholders finally got through and some reasonable efforts have been made since that time to improve communications to a level that is more then adequate these days.
With regard to the "unfounded rise" in share price to near .036 cents a while back, (and I truly believe it was unfounded at that time) I have to say even though it was nice to double my investment in this stock on the few hours it hit that value, I did not sell, (although tempting) because I'm not a trader, ramper or short term investor, I'm a medium to long term "investor or speculator".
I strongly believe the quick rise in share price at that time would quickly fall back or be short lived as traders and the usual suspects pumped like they bedded their first date and while they were loosing their honour, no doubt the share price would loose it virginity at such a higher price and fat back in the after glow.
So come Monday morning after an exciting weekend, every wannabe investor (but really trader whether they know they were a trader or not) were complaining about the board, complaining the company, complaining the asset, complaining about Trump, complaining about a punt and dump and yet I did not see the Board of ADV fanning the flames, only the usual suspects on HotCopper, ignorance must be bliss as they say.
It is unfortunate that people don't realise that posters make money by playing the members of HotCopper and other mediums, simply like to trade and play the market on a daily, weekly or monthly basis, sometimes making out like bandits over a period of time when there is volatility in a price and often they create the volatility, or influence it.
I'm sure you would agree that Brad or other members of the board were jumping onto social media, twitter or walking up and down George or Collins Street with A frames on their back pumping the crap out of the stock, it was traders and counterparts taking the piss out of retail investors.
After the dust settles, its the same guys pointing the finger at the board for pumping and dumping, what crap. This is what really stands out to me after watching every post for well over a year, almost 18 months, now.
In some respects I have to say well done to the constant and well timed negative dribble provided by the likes of You30 and friends, even though You30 certainly has concillitory conversations with himself on HotCopper with multiple accounts, so obvious.
In my opinion, if you put aside the rubbish some "wanna be influences" post and take a deep dive within the assets and potential value of this company, I believe you see constant improvement over the time which is why I have held shares in ADV long enough to pass the CGT 12 month taxation threshold etc.
My take it, communications from the Board have improved, the assets have greater depth going forward with the identified "potential" assets being certainly increased substantially since I purchased shares in early 2017.
Will ADV be worth a significant multiple of today value in months or years to come? I think it has a really good chance of being a very valuable stock, however please do your own research, investors should so as I have done, come to their own conclusions, day trader, do your worst.
I don't mind disclosing that I'm build my holding to be within the top 20 and I don't really care if the share price oscillates around this low level because I see good potential for a multiple on my money going forward, as they often say on HC, please do your one research, which goes without saying.
One thing I'm happy to confirm or disclose if necessary to anyone that would like to validate my agenda, happy to provide evidence that I have slowly build my holding over the last 18 months in order to be in a position to make a good profit from ADV ( in my opinion) from these low share price levels.
I certainly think the current value of the ADV opportunity is not well recognised and I suspect those days are numbered. To be clear, I'm not a trader, ramper, pumper, down ramper, just giving my two bobs worth and confirming I see value in this stock going forward.
One last comment, when any poster cry's about investing in a company and then the share price has failed, well think about it, has he really invested in the company, when they complain on HotCopper, have they invested in the company or bought shares from someone else, typically they have never invested a cent in the company, just like most of You03 friends
All the best.
Lets see what tomorrow will bring with the new brilliant addition to the Board of ADV.
DYOR
Cheers M
- Forums
- ASX - By Stock
- ADV
- The facts versus dilgence
The facts versus dilgence, page-8
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADV (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.439M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 13.0¢ | $2.25K | 17.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 121154 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 60853 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3201255 | 0.003 |
21 | 33473529 | 0.002 |
10 | 17528549 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 12395196 | 16 |
0.005 | 6855445 | 11 |
0.006 | 6847500 | 13 |
0.007 | 3792287 | 8 |
0.008 | 6107932 | 8 |
Last trade - 14.43pm 22/11/2024 (20 minute delay) ? |
Featured News
ADV (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online