One Powerball, I agree with you, all the assets are there, no doubt about it, but the cashflow isn't there.
These bigger companies can lick their lips at buying ADY out for 2 cents and taking control totally over their asset base. It is the cashflow that is the problem here, not their valuable assets, powerball.
Until Li and IO contracts are signed, the market is telling us they are a major risk to go under.
admiralty update ann, page-30
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.40M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.5¢ | $10.19K | 1.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 580867 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1366312 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| ADY (ASX) Chart |