I was not expecting much price wise until late this year when it should get to around $1 (maybe more if the POG takes off).
The recent comments by its CEO on clearing the hedge (see DY20's recent post) is interesting.
I suppose if they want to make a takeover the sooner the better for Anglo because the price will simply go up as ADU prove up more reserves/resources and become cashflow positive, so the offer could be fairly soon.
loki
ADU Price at posting:
74.5¢ Sentiment: LT Buy Disclosure: Held