Weather we like they way the capital is being raised or not the point is the funds are being raised to ensure the business can deliver its mandate to bring ADN to a profitable business.
We will have enough equity to secure debt funding for the remaining capital costs. I believe the ML will come earlier then expected also.
The only way the SP will drop to .15 is if people SELL DOWN to .15 which makes no sense to me given the time frame we have.
We are not raising capital to go and drill holes!
News flow, BOA's, DFS, Concrete, HPA, Nanotech, ML and breaking ground.
Once you calm yourself and think about it we have secured a fair chunk of our funding and have de-risked the business further more.
We all have our self interests regarding the SP but the success of ADN is in everyone's interest.
I'm expecting cornerstone investment here now and further investment due to the de-risking.
Ann: Trading Halt, page-184
-
- There are more pages in this discussion • 145 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $68.42M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $73.39K | 3.354M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1285067 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 348912 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |