Ann: Trading Halt, page-231

ADN at 42c and above it's NPV with index funds buying. Yes, I wouldn't have bought 9 months ago. Even 30c was a bit frosty.
Some shorters made a bet and made coin. They get a clever award, good for them.

On the other side.
Some things that are way overvalued stay that way. Look at DMP, it's been over valued for 15 years. 15 billion MC for 3,000 pizzia stores (so, each tiny little store is worth $5 million?!) P.E of 50-90 on the ASX?

Then there are the not clever shorters of Tesla. Many of them lost everything.
IMO, ADN shorters got lucky.

NOW?

ADN, at 50c with...
-100% ownership of everything.
-ML done.
-DFS with NPV at 1.1B+ on GW.
-100% GW cashflow
-More land via JVs.
-Cement closer.
-HPA closer.
-CC pilot plant data in the next 6 months. Which could add billions to the MC in a few months (no pump, fact.)
-and 10 other thing I can't think of that weren't in play 12 months ago.

ADN could be cheap at 60c just based on cashflow but, I'll wait for the wombat to do his magic.
Even forgetting, the Halloysite potential.

No, shorts don't know more than James.
That's my bet.