Just a couple thoughts that others may like to reflect on and perhaps comment on.
It was stated that in the last quarterly cash flow report ADO consumed
$1 mill. for the quarter, and had $3.8 mill left at the end of Sept.
At that rate, in 6 weeks ADO will be down to $2.8 mill. and at the end of
Mar 2013 $1.8 mill.
Even if a new deal is announced and signed in the next 4 months it is highly unlikely enough revenue will actually be booked if not actually collected to make a difference to that situation.
If so, when will ADO try for a capital raising ?
Will it be able to ? At what price ?
Between DEC 2010 and now, ADO went from approx. 450 mill shares to approx. 760 mill shares. The majority of those shares new shares where issued at 2 cents !
Perhaps the pending deal is, ADO will be bought by a company not interested in becoming a customer of ADO but the owner of ADO.
It may be considerably cheaper, whether they pay 1 cent a share or 100 cents a share, that is presuming there is any interest at all !
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.22M |
Open | High | Low | Value | Volume |
2.7¢ | 2.9¢ | 2.7¢ | $17.68K | 634.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 541015 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 4693635 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 541015 | 0.027 |
8 | 1003551 | 0.026 |
13 | 1982099 | 0.025 |
7 | 2179250 | 0.024 |
4 | 1110217 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 4693635 | 4 |
0.030 | 359200 | 3 |
0.031 | 75000 | 1 |
0.032 | 191382 | 2 |
0.034 | 428717 | 4 |
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