ADR 0.00% 1.7¢ adherium limited

Ann: Half Yearly Report and Accounts, page-4

  1. 1,662 Posts.
    lightbulb Created with Sketch. 514
    The sentiment of what your writing says it all jamwolf.
    The running costs over the years with this company Imo have been mind blowing to say the least, not to mention the share price trajectory. Death by a thousand paper cuts and all that. You could almost write a book about it. But what to call it. Hmmmmmm maybe I'll call it What's 1000% between friends, or 100 million and rising, or 50 to 5(sorry 005) smile.png

    But seriously you mention out of cash by October. Geez now that would be really gut wrenching. That's working on the assumption that their commercial contracts either don't come in or current ones don't get built on. This is what they have recently said
    1 major US hospital system in FY23
    3+ major US hospital systems in FY24
    10+ major US hospital systems in FY25

    Now admittedly given the lack of info we get it's always difficult to determine how they are progressing, but none the less its a bold statement to make.
    My investment is down around 2/3rds now, so I may as well just see it through, and if games are getting played with this stock atm then rest assure my shares will stay in my hands.












 
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