ADR 0.00% 1.9¢ adherium limited

Ann: Disclosure of Long Equity Derivative Positions, page-28

  1. 1,655 Posts.
    lightbulb Created with Sketch. 510
    Nice pickup Harry, Just looked through the prospectus. Certainly didn't expect to read that..

    Good to see they are showing an indicative expenditure of where the funds are going.
    Somewhat surprised only 100k going towards Sales, marketing & business development.
    Not surprised 1.7mill going towards General administration.
    3mill going into Australian and Overseas personnel resourcing, and slightly lesser amount of 2.7mill going towards Customer onboarding and scale up.
    I would have thought the latter would have been way higher.

    Anyway my holdings will stay in the bottom draw for now, and will be watching with interest how it all plays out.









 
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