Considering the developments happening with ADO and the upcoming deals with potential revenues in excess of $10m each pa (for POC1 and POC2)
I think looking at it that a shareprice of 20-30 cents by xmas is very possible and justified.
With basically 20 trading days before xmas and realistically you would think the majority of business would be wrapped up by half way through December so a couple of weeks time.
20 - 30 cents by xmas
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $113.3K | 5.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3466117 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 57942 | 2 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |