IMO it all comes back to time. After a protracted period of time and the lack of ability to produce standalone revenue, results in the inability to raise capital that then results in board and management dissent. If they could have got a reasonable and substantial deal over the line by say 2014/2015 then we wouldn't be having this conversation. They saw the writing on the wall hence the DiaSource deal. Trying to buy revenue instead of creating it from their own science and tech resulted in ADO living beyond its means that equaled lost time and a near death experience. It was nice to come out of the deal with $6 million in the kitty but with a SP around 1.7 cents and further time elapsing it wont be long before even more alarm bells start ringing. This is very risky even with the battery stuff in the blue sky.
All of the above just my own personal opinion.
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12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
3 | 94160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 214144 | 4 |
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