Hi Opel , I don't think 90% of ADO investors meet the ASX sophisticated Investors qualification , by the sound of some posting here its much lower, get ready for a massive scale back on that last $1million to regular share holders, only 10% dilution ensures ADO is well funded to deliver , share price will not be 2.5c for much longer especially with a good announcement .
Sophistication by Definition Either you're earning in excess of $250,000 per year, or you're sitting on assets worth more than $2.5 million, and you have an accountant who's willing to back those claims up if anyone has any further questions. In short, Sophisticated Investors are people who are already wealthy.17 Jan 2024
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