ADT 0.75% $3.95 adriatic metals plc

From a novice's point of view, the chart has been fairly...

  1. 9,817 Posts.
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    From a novice's point of view, the chart has been fairly consistent looking, trend wise, starting at ~20c in June of 2018, marginally only just over a year ago, and look at where the SP is now. Seemingly with several strong lines of support cemented in place.

    Astonishing really, wish my entry was back then, but am still very happy with .83c.

    My feeling from the recent trade, particularly by Sandfire, (and who knows who else may be sniffing about) is that a move will come very soon, ADT's confidence is pretty clearly illustrated by the number of rigs peppering the plots, I suspect partially at least to quickly make a solid connection between the existing strike zones to force/make any TO offer, when it comes, far stronger than otherwise would have been the case.

    Cheers

    Cabe

 
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