I note on the NRF website they state they do not provide grants. They provide debt and/or equity finance. The requirement is they are paid back and expect a return on investment. They encourage co-investment so imo if we have an upcoming CR, ADO may well announce an equal co-investment from NRF. Even the better if this is wrapped around a commercial deal where we need investment for working capital. Hopefully (IMO) this may explain the silence from ADO management
I note on the NRF website they state they do not provide grants....
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Mkt cap ! $54.21M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $60.57K | 2.765M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 4217061 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.2¢ | 259129 | 5 |
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| Last trade - 13.35pm 21/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.2¢ | 2.1¢ | 660296 | ||
| Last updated 15.00pm 21/05/2024 ? | |||||
| ADO (ASX) Chart |