Given we are now at the end of Q1, I would estimate current cash and cash equivalents at 11m, not 15m as stated in the last 4c. No debt. Great announcement.
Also, I think this movement is not just a flash in the pan - look at the technicals and volume. We are coming off a long rounded bottom, topped off with large volume in recent weeks. Huge bullish engulfing on the weekly currently. It is hard to have conviction with movements in ADR given past history, but this time it seems different. Perhaps the market is starting to see the potential, finally...
Adherium receives US FDA 510k OTC clearance, page-21
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.62M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78571 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 92495 | 2 |
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| ADR (ASX) Chart |
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