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Re: None

Friday, 04/18/2008 7:24:13 AM

Friday, April 18, 2008 7:24:13 AM

Post# of 35737
ADY.AX, ADMRF.PK

Here's a link to a very insightful and candid Q&A with the Phillip Thomas, Executive Director of Admiralty, dated April 11.

http://www.ady.com.au/uploads/news/6974ce5ac660610b44d9b9fed0ff9548.pdf

The fallout/shorting following the Opes Prime debacle has created an amazing buying opportunity at its current PPS of around .17 a share. The bottom seems to be in and there's lots of fantastic news on the near-term horizon.

Averaging down on my .22 position. I can't find another company with as many irons in the fire priced so cheaply. And Aussie companies are under a much more intense microscope from the general public and regulators.

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