prior to Covid the company did a share buy back of all unmarketable amounts.
Covid and hope of commercializing the CET division attracted many new holders who paid a lot more than 2c.
When I first bought into this company, I think there was around 400,000 shares on issue. Our largest holder today would've held 20% of the company, today due in part to the massive dilution of the past 18 months, is now less than 3%. The loyal top 20 have been diluted out while shares are issued like confetti to entities with zero loyalty to the company's future
ADO Price at posting:
2.1¢ Sentiment: None Disclosure: Held
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