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ADM Energy investors left ‘sheikhen’ by the exit of its it largest shareholder

By Gary Newman | Sunday 25 August 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


There was much excitement back in April when an Arab sheikh took a stake in ADM Energy (ADME), so it must have come as a big shock to investors last week when news broke that he had sold all of his shares and had resigned as the company president.

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