ADR
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11.1% 2.0¢ adherium limited

Mar 17 4c

  1. mfwica
    20 Posts.
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    30/04/17
    15:46
    Post #: 24364659
    The sales in latest quarter seem very disappointing. Dec 2016 quarter sales to customers was $1.3 million. In The Mar 2017 quarter sales were only $573,000.
    I could see no explanation for the large drop in sales in the March quarterly. I would have thought this was the biggest issue for management to explain.

    Yet share price went up half a cent after the 4c announcement. I don't get it.
    ADR Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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