the issue wasn't to 'new blood' but in reality to 'old blood'
Friday's trading proved that.
If it had been 'new blood' volume would have been signicantly more.
But instaed, we get the same old people sitting on their shares wondering why the price isn't going up when all you have to do is look at the lack of sock on the sell side.
No one is going to buy up 200k plus shares when it will take the price up 20 percent.
Where's the value in that.
As I said, they should have included the loyal shareholders rather than their mates.
ADI management took the easy road and preached to the converted (Hartleys) using a rehashed powerpoint.
Perhaps they should have put more effort into it and applied their "management' skills that they so proudly claim to have in their presentation.
A big thumbs down to management of ADI
ADI Price at posting:
29.5¢ Sentiment: None Disclosure: Held
