The clock is ticking on two major issues. 1. The close for the 3.5c Options if you want the bonus option at 5c is May 31. If we do not have at least 3.5c by that time, arguably a week or so before, then those options will not generate the funds that were anticipated. That cash deficit requires replacement by another funding round, which we know will be tough to get up. 2. Some of senior management “appear” to be missing in action - not the science ones. Once the current Chair and Departing Director are gone, the “new” Board needs to cull this group starting with the CEO who gave us a Marketing 101 lecture at his first AGM as CEO but appears to have no fundamental idea how to actually deliver. Be gone, you imposter. Critical times ahead in a difficult market. Go ADO!
ADO Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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