General comments/chat, page-33329

I think your last couple of comments have summed it up well. The US market, and some parts of the ASX, have been overheated for quite a while. What we are seeing is correction rather than crash, as investors spooked by inflation and interest rate increases look for companies with more realistic paper values and trading figures. A lot of ASX spec stocks have copped it in the throat this year for similar reasons. In this environment, I think ADN's decision to go with a conservative baseline DFS was the right one.