The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Search articles by EPIC code

Bonkers! Adamas bizarrely uses the recent placing proceeds to buy back shares at a higher price!

2020-09-07 16:29:35

I’ve just seen one of the most ridiculous RNSs that I’ve ever read appear for a company called Adamas Finance Asia (ADAM) – it has announced that it is buying back shares at a higher price than it has just placed them at!


Adamas Finance suddenly seems popular, but I can see why it trades at such a big discount to NAV: BARGEPOLE ALERT

2020-08-23 15:54:05

When the market cap of a company is trading at significantly below its net asset value it would suggest that there is value in buying, but usually things aren’t as clear cut as they at first appear.


Filthy Forty Adamas – oh dear, the AIM farce continues

2018-03-30 00:47:51

Back last August I covered the non-payment of monies due to AIM-listed Adamas (ADAM) following the redemption of a convertible bond Adamas held in a Chinese company, Global Pharm Holdings Group. It was owed millions - to have been settled by April 2015 - and numerous revised and re-revised deals were signed – not that the cash materialised. More to the point, Adamas seemed to be having a spot of bother tracking down the Chairman of that company. And so to yesterday’s update….


F40 Adamas - debtor not paying, (debtor) chairman vanishes. Oops

2017-08-05 02:42:21

Yesterday at 3.36pm ShareProphets AIM-China Filthy Forty play Adamas (ADAM) announced as update on a debtor. Judging by the timing it seems to be a bit of an unscheduled missive – and judging by the content, it seems to be a problem.


Search ShareProphets |

Recent Comments |

About ShareProphets

Contact Us

Advertise With Us

Send Us A Tip


Terms of Service

Privacy Policy

Cookie Policy

Forgot My Password

Forgot My Username

Resend Account Validation Token

Site by Everywhen