That's the way it is.
The SP should have jumped after the last announcement.
Locked in a decent performance increase at 14% with a manageable charge/discharge performance. But the SP didn't move, again....in fact went back a pip by close of trading that day.
It's the revenue.
The market(us, but mostly funds and banks etc) simply do not trust ADO management to realise the value of the technology. Ie. close a deal !
But management has changed...and the battery story is coming true in a sector ready to spend big on the next big thing so sitting on a goldmine.
But again, the numbers had better appear otherwise we aint goin' anywhere.
Share Price, page-70
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $44.43M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.8¢ | $158.8K | 8.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1644979 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1950499 | 2 |
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| Last trade - 13.42pm 15/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |