the market is scared. Whilst the future looks extremely...

the market is scared. Whilst the future looks extremely promising, the longer it takes to get commercial deals over the line, the closer we are to the next cap raise. Our expenditure is just too great for a company that has no revenue. We have no real idea how long the government grants could take. We won two awards a year ago. I believed grants would've happened very quickly after that. I can't believe it's been a year and not a cent from federal or state governments except for the R&D rebate. The election was won on the promise of change. Australian companies are crying out for help.

I'm still bullish on ADO but I can see why the market is not buying into the story.... yet