Once people finish picking oover the history and looking back then we can move forward.
The only thing that matters now is the future and how to value it.
Roughly speaking there are 300m new shares and $6m so a CR @ 2c (it's actually a little better than this because the company has burned cash over the past 2 years).
If ADO classic was worth 8c prior and now we diluted about 25% @ 2c then theory suggests it could be valued in the 5-7c range. I doubt that very much despite the actual progress that ADO classic has been made with zero leadership from Belgium.
Dust yourselves off and have a whinge but then move on and decide. We start getting R&D tax rebates again so cash could last up to 2 years and hopefully with the focus of old we might get ADO off the ground again. Best I can see in the next 3 months is 3-5c but with clarity around the future and new leadership then it may get a little further.
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2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 616353 | 6 |
View Market Depth
No. | Vol. | Price($) |
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4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
3 | 94160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 214144 | 4 |
0.027 | 680612 | 2 |
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