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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

Post by bigbird11on May 21, 2024 7:50pm
196 Views
Post# 36051018

MY OBSERVATIONS

MY OBSERVATIONSDRX briefly hit a new high 0f   $17.09  ...   The stock looks really strong today...... should  go higher

before filling in the gaps.    As I said before    higher highs  and higher lows. Momentum players,

day traders and mutual fund companies late to the party grabbing the big chunks of stock whenever

available . 

QUESTION

Wondering if CANAM GROUP still owns any part or all of the 1,821,400 share acquired in June /2016

which equals to  9.96 % of the float ( they don't have to reveal how much stock they own to the public  unless they go over 10 % )

Anyways........ 14 more trading days ............... we will soon see what this company is made of

WE WILL SEE IF THIS IS ANOTHER HAMMOND  IN THE MAKING  ( HPS.A )  

Just my opinion


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