Some poor guy put in a bid for 400,000 shares at 75 cents this morning and was at the top of the queue. The order is still as he has been gazumped.
ADU still does not have much of a following on hotcopper. But it looks like the CEO's presentation gave the market an inkling of its future prospects and the audience liked what they heard.
I hope you got some more when it was cheap, because it was one of the best value plays around in the 55-65 cent level. I doubled my stake and am looking forward to the benefits of the merged entity. There sure were a lot of badly beaten down goldie producers a few weeks ago.
Good luck.
Loki
ADU Price at posting:
82.0¢ Sentiment: LT Buy Disclosure: Held