I bought ardo as well because it is cheaper compared ard and will convert into ard b4 30 June.
strike price 17.8c , paid 4.9c for ardo , cost is 22.7c which is almost same as recent placement price 22c.
current sp is 25.5c ardo should be 7.7c. 50% undervalued.
after 6 week downside trend and end of year loss sell, overall market starts recover and will help push ard north.
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