Well, in one sense it's an interesting exercise...in another sense it's a bit like the old question "how long is a piece of string?"
I will assume that we have 1 successful uptake of ADO tech in batteries and 1 successful uptake in POC area.
I honestly don't think the whole year can go by without either deals being done or complete collapse and failure. We are getting to the real "pointy end" of processes in both areas of focus. Battery giants are desperate for a technology edge over their competitors...they won't wait around forever to get it. It could be ADO or someone else.
Considering that the SP went to 28c way back in 2013 (?) on just the whiff of a deal....
OK; there are lots more shares on issue now.
I would guess that the SP will spike after each deal is announced, then retrace due to profit-taking and long-sufferers exiting.
New buyers will jump onto ADO to ride the success higher.
On Dec 6th, 2020......$0.54 is my guess.
All the best for 2020!
The Cat
Well, in one sense it's an interesting exercise...in another...
Add ADO (ASX) to my watchlist
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.57M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $38.09K | 1.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1505316 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 676543 | 1 |
View Market Depth
| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 764931 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| ADO (ASX) Chart |