Cheers, mate. ADA is ready to fly. With a new investment on the way, a big famous investor, and a huge shortage of stock in the free-float, this one has huge potential.
Up +158% now.
RNS out a few minutes ago. This is the key phrase investors will note:
"... [ADA] reviewed a range of investment opportunities and I am pleased to inform you that *a short list has been decided upon and is being advanced*. We hope that the final choice *will deliver substantial value to shareholders*."
ADA is finally making its move.
Up +70% now. Top of the AIM leaderboard. ADA looking at biotech investments, has got fresh funds recently, and a big famous investor with a 28% stake (Richard Griffiths).
Investors will note CHA, a shell investor, rose from a ~£3m marcap to a ~£45m marcap this year.
ADA, a shell investor, has a marcap right now around £1m.
2014 is "the year of the shell".
ADA is a shell with a tiny £1m marcap that has a famous investor onboard -- Richard Griffiths -- with a hefty 28% stake.