Well kudos for the effort am I to believe they managed to get this strategy and direction up and running since the 14th April after the previous CEO's 'retirement'? Also am I to believe that the previous mgt was devoid of any such rational plans and suddenly out of the blue the new mgt has had an epiphany as the previous management was 'decelerating' the business objective to commercialisation. Why would they have done this?
What will matter is the results of these initiatives, will they work, will they generate 'serious' interest or is a short term incentive required to increase the sp for some reason? Certainly the daily volume has picked up.
I wonder who the buyers are today? Is the sp rising 14% to today enough to 'raise' interest in attracting 'capital'?
Certainly such an announcement could have procured a higher premium today, well maybe tomorrow?
ADO Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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