For a company like ADO what you need is a hard core group of mum and dad benevolent 'investors' that are prepared to work hard in their daily jobs, pay tax and put any savings into the company via CR's, rights issues and equity raising. This allows the company to have just enough capital to pay staff, go on junket shows and put what's left into development.
So far mum and dad have complied willingly without question and will continue to do so in the slim hope they may come up with holding a successful business. Each have to judge how successful a BUSINESS has been achieved to date, whether they will or not is totally irrelevant to mum and dad - stop questioning just believe!
What is the simple definition of business?
The simple definition of business, or business meaning, is explained as an organization that provides goods and services to the community in exchange for money, with the goal of becoming profitable.
ADO Price at posting:
2.1¢ Sentiment: None Disclosure: Held
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