Care to remind us all of what predictions I've made, as I don't recall making any predictions (expressing a sentiment is not a prediction).
I've said a few times that I've been concerned about a potential capital raising.
This view is formed on basic maths: Current revenue is not enough to pay the bills. So the company draws on it's cash pile to pay the bills. As this cash pile decreases, the risk of a cap raising grows - understand?
I've never made a prediction that "a cap raising WILL happen". I've discussed how the risk of this happening increases if there is revenue growth, no deals and upfront payments, government handouts etc. So every day that ADO burns another dollar that revenue can't cover, it moves a little closer to a cap raising.
- Forums
- ASX - By Stock
- ADO
- why on earth does
why on earth does, page-76
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.0¢ | $10.13K | 480.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 2061189 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 85039 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 2061189 | 0.020 |
8 | 980052 | 0.019 |
4 | 2046000 | 0.018 |
4 | 1480748 | 0.017 |
3 | 332000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 85039 | 2 |
0.022 | 990185 | 8 |
0.023 | 1005753 | 11 |
0.024 | 1755520 | 7 |
0.025 | 2588593 | 10 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online