Recent content by potchip

The only problem with penny stock price is it prevents some institutions from participating due to their own rules not allowing purchase of shares less than a certain dollar value. If the current business plan is sustained, CCC is moving towards a mid-cap, which will put it on some...

Precisely. 50% and delisting is totally different. If anything AWE's statement achieved their aim to cause some panic amongst some investors to sell now. As I stated previously this is not a hostile takeover where the market value of a company is < than the market value of assets of a company...

I don't see why the overt pessimism for AWE taking majority stake. Sure the board might get replaced, sure AWE might be self-interested, but at the end of the day, ADI is still an exploration company, as such their valuation is based on predicting the future. These talks of AWE pillage and...

The question is why buy in ADI when 1. there's a minimum price (which can be a good thing) 2. there's a cost for the company to respond to the 'open bid' 3. there's a potential ceiling, as in how much the bidder is willing to go 4. uncertaining due to controlling stake threshold and...

I actually don't understand why people are buying above the 40c expecting higher bids for ADI, unless driven by defensive mechanism. You would think the best alternative for non-holders is actually to invest in the other JVP partners? If I was a holder, I would not sell.

Rock86, I don't think it's about advertising the play in general. The different small caps in the play are currently receiving different levels of interest. Following recent successes ADI has been the most de-risked out of the similar caps and different people with different risk preferences...

"institutional and sophisticated investor clients of Hartleys Limited, which acted as Broker to the Offer in respect of the Placement" Does this change Hartley's price target given the dilution then or was it already factored in?:cautious: The recent push on AUT may not be a coincidence...

Re: CSS - Clean Seas Tuna Nothing has changed for CSS yet the share price has somehow rallied. Is this some form of manipulation and a capital raising is on the horizon? The lesson learnt in the latest crash was simply a reality check for me, and I'm happy to have dumped all CSS shares even...