i have no doubt this is to fund a new area for ADO and also to help with recently applied for patents that will require some resources to fast track them...
wording used says "undertakes a PROPOSED capital raising"... does this mean it will need to be approved by shareholders? or offered to shareholders?.. just makes me wonder why its only proposed and did not say "undertakes a capital raising"
going to be interesting but unfortunately is is rare that a CR results in a sp rise... let see what Geoff has in store for us...
Phew.. i sold my first tiny ADO parcel (10,000) yesterday at close to reward myself with a new guitar i have been wanting for some time now .. happy i did otherwise i would not have got it before Xmas... BTW it took me about 3 hours to actually hit the sell button !!! felt like i was selling my children...
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