I'll be having coffee with my broker later this morning (yes Sunday) and asking that he obtain scrip in ADO first thing Monday morning before market opens. I will legally borrow that scrip at the nominal interest rate and then short the pants off ADO. The more I look into this, the more convinced I am that this agreemenet with Bangs is nowhere near as "big" as the daytraders think it is. I wonder if ADO will reveal their revenue forecasts for THIS deal? There are some wide ranging projections over 5+ years for ALL POTENTIAL royalties but nothing for this recent deal with Bangs.
Sentiment has changed from NONE to SELL.
bangs laboratories: a minnow, page-3
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $21.31K | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 5730857 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 724070 | 5 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |