Assuming you are correct, if the IP is that great why wouldn't some developer, let alone a competitor, just pay $100M, (OK realistically it would have to be at around 10c per share) in a hostile takeover and take out the lot? The fact they haven't does in general terms indicate they (ADO) are far from having commercial success of any scale and are NOT a threat to the current status quo of development.
Before anyone asks would I sell at 10 cents (actually 5c will clear my hurdle) - an absolute YES!
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $54.30M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $7.722K | 366.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1610 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 568091 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1610 | 0.021 |
16 | 1799959 | 0.020 |
5 | 2082869 | 0.019 |
7 | 664332 | 0.018 |
5 | 550882 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 568091 | 6 |
0.023 | 422310 | 4 |
0.024 | 230737 | 2 |
0.025 | 246946 | 6 |
0.027 | 480762 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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