Assuming you are correct, if the IP is that great why wouldn't some developer, let alone a competitor, just pay $100M, (OK realistically it would have to be at around 10c per share) in a hostile takeover and take out the lot? The fact they haven't does in general terms indicate they (ADO) are far from having commercial success of any scale and are NOT a threat to the current status quo of development.
Before anyone asks would I sell at 10 cents (actually 5c will clear my hurdle) - an absolute YES!
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.79M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.0¢ | $3.965K | 195.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1417631 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 95237 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1417631 | 0.020 |
11 | 2115460 | 0.019 |
6 | 2437947 | 0.018 |
5 | 1724748 | 0.017 |
1 | 420000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 95237 | 1 |
0.022 | 325988 | 5 |
0.023 | 540459 | 7 |
0.024 | 141966 | 2 |
0.025 | 409646 | 5 |
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