As far as I can tell ADO has just freed up both cash AND manpower. Through this deal not only does One World expose many companies to M&G, but they pay ADO for the privilege of doing it! It has been stated before that ADO doesn't have the manpower to meet demand. Well, ADO just took a small step on the path to addressing that problem...
Must admit though it was 20 seconds of euphoria as I waited for the announcement to load up, I had a twinkle in my eye imagining a deal with a large global company, but alas, not to be. This time...
On another note, I wonder if we got a small upfront payment with this partnership or whether it was waived? Thoughts??
ADO Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held
