ADO (ASX) ADO- Back On Course / Back on top

Originally posted by Bitola: ↑

Folks and fellow ADOrites

congratulations to ADO in securing the acumen of a first class / first rate /non exec chairman of this calibre /
wow!!

Hugely successful and internationalised and global reach companies are powered:
60% by skilful and experienced, born global executives and corporate managers / management teams,
and 30% by their inherent unique world class technology and offerings
and 10% good fortune and patience and persistence and PERSEVERENCE.
You see in all my 30 yrs of corporate exporting and technology commercialisation experience, IF YOU ASKED ME WHAT MAKES A WORLD CLASS COMPANY , IT is simply QUALITY executive management and leadership.People back and follow quality shares and quality businesses led by quality leaders and managers

If you asked all successful brokerage companies and advisers what do they look for and follow the most... it is always high QAULITY Management and leadership.

This quality management ingredient is what powers any company's technology, from being.........yes
ordinary .....
to one of being....
EXTRA-ORDINARY.!!

In ADO we are rebuilding and aligning our world class high tech with Quality senior appointments.

The fix for ADO here, was the need to appoint commercially astute, experienced and successful practitioners in their chosen corporate roles.

The alignment of options to our exec team at values exceeding the vwap by 50% to be effectively 20c means to me that these appointees are not here to see the share price at below $1. It would'nt be in their interest. They see far greater potential in ADO as we all do.

I have said quietly to friends that once our company went from a $50m market cap company to a $300m market cap we needed top shelf executive management experience and personnel that had operated in businesses at 3x our current market cap ie $1bn.

Please understand ....this is not a negative narrative or critique on past managers and leadership people we had at ado / they all played a positive role in ado's development , it is just that when you wish to grow an international business with proven world class products and IP exponentially , and scale up at 3x the existing market cap to a build a $1bn market cap company ,
"you need to build capability within , or buy capability and deploy your people into a winning combination that will attract investors, collaborators, financiers and most importantly ..customers to the ADO table. Arguably , we had come to an apex in ado where we needed to buy international capability and commercial acumen at a higher level. and quickly! It's as simple as that. Some key corporate strategic errors had hurt us in my view.

The reality is that once a micro cap looks to break into the asx 300 or even 200, it needs higher quality senior executives that can provide the stewardship and acumen to steer the right course for further intl growth and sustainability.
All companies seek higher executive talent and appointments as they grow their businesses .This is the path to continued growth. This new chairman appointment is world class and on Bluescope boards etc etc and with him will bring quality appointments and attract investors and customers in view.

I feel like we are again on the cusp of huge successes and it feels like we are again in that zone where enormous opportunity PRESENTS itself to ADO.

Take it ADO

best wishes to all

Expand

I applaud your enthusiasm but as I can see the market is still waiting for solid progress rather than hopeful investors.
There is potential (anode!?) but nothing A else of significance at this stage.
Not a financial advice or even an expert opinion.

A frustrated long holder.

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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $54.31M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$734	33.69K

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