AGM, page-8

I just took a quick glance at the ADO Annual Report.

Total revenue and (possible)  revenue trajectory looks similar to CDY in some ways.  Both book revenue in the $2-3 m range and both spend a lot on R&D (and then get  a rebate).  OK both companies may be at a similar life cycle stage IMHO.  CDY's revenue streams are  more diversified.

Front and centre of my admittedly biased preference for CDY as an investment is CDY's   market cap which is less than a fifth of the ADO market cap.  To ask ...Would you buy CDY for around 3c?  .... could be a bit like asking  .... Would you buy ADO ordinaries for 3c (if you could)?




Cheers