Now that the Jan to March quarter is well and truly over it is reasonable to revisit the predictions made in January. Below is what I made at the time and none are incorrect yet despite the 'downramper' etc normal HC responses to forecasts. How's the deals in January predictions going for some?
We can all pretend there isn't a chance of a Capital Raise coming up and hold out for government funding but governments don't work to the same time frame as companies. I can't image a reason for government to fast track funding to be that the ADO wants to avoid a capital raise so they abandon all normal processes and approval due diligences. ADO are going to need more cash this year from somewhere. Dare I say it that at current prices there is a chance of a CR being at $0.026 which when compared to the previous CR at $0.26 cents is a massive decimal place move and did ADO achieve the main projects from the previous CR such as installing the equipment for the plant in Brisbane to produce COVID tests, get Eugine up and running, advance on Sepsis etc etc. It might be different this time, nothing to worry about.
Not saying there is zero chance of the topics below happening but the odds are getting lower each month for it happening in 2023.
1 Highest Share Price in 2023 .063 2 Highest Share Price in 2023 $0.063 3 Lowest Share Price in 2023 $0.028 4 Capital Raise Required YES 5 COVID / FLU test to be approved & on Sale in Australia NO 6 SEPSIS Test to be completed and on Sale in Australia NO 7 1000 cycles achieved for silicon anode NO 8 Major deal signed with battery manufacturer NO 9 Declaration Month that 2024 will instead be the year of ADO September
- Forums
- ASX - By Stock
- 2023 - The Year of ADO !
Now that the Jan to March quarter is well and truly over it is...
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
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($) | Vol. | No. |
---|---|---|
2.3¢ | 676543 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1275316 | 0.021 |
23 | 7086140 | 0.020 |
8 | 1679806 | 0.019 |
1 | 55277 | 0.018 |
3 | 129500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 676543 | 1 |
0.024 | 763004 | 5 |
0.025 | 6144436 | 12 |
0.026 | 1064565 | 4 |
0.027 | 1147100 | 7 |
Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
2.2¢ |
  |
Change
-0.001 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
2.2¢ | 2.3¢ | 2.2¢ | 764931 | ||
Last updated 15.55pm 03/05/2024 ? |
Featured News
ADO (ASX) Chart |