ADO is definetly not a gamble.
*Research and Development phase now completed
*Now in marketing phase
*First large distribution agreement signed last Wednesday
*Other distribution agreements will follow
*Royalty payments received will be virtually without cost
*Currently very low capitalisation - <$50M
*Good Management
ADO is only a gamble for day traders and very short term holders wanting to get rich overnight. With this style of trading some will win but most will be badly burnt.
For those investors who have done their homework (I have) and are prepared to hold, ADO is definetly not a gamble. In the not too distant future, we will realise how lucky we were to be able to buy at these prices.
It may go down further due to the usual irrational market activity however, I am more than confident that holders will be well rewarded.
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.77M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $19.37K | 880.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1191253 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 245576 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1191253 | 0.021 |
8 | 1423147 | 0.020 |
10 | 2127381 | 0.019 |
3 | 301447 | 0.018 |
2 | 64748 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 245576 | 1 |
0.023 | 563348 | 8 |
0.024 | 741966 | 3 |
0.025 | 371346 | 7 |
0.026 | 83915 | 2 |
Last trade - 15.51pm 02/10/2024 (20 minute delay) ? |
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ADO (ASX) Chart |