4c is going to show nothing other than a dwindling cash balance...

  1. R08
    11,498 Posts.
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    4c is going to show nothing other than a dwindling cash balance and much of the same commentary.....I hope they are honest with their actual deals. MB is off IMO and needs to be disclosed. The Indians screw everyone for bargains so don't expect anything too major in that space. When big changes are made at Board level during negotiations - the interested party loses confidence in the company presenting the product / service. Not a good look, although many of you praised the changes. Extremely bad timing. Then, ADO finds itself in a precarious raise position with an SP tanking now into .007 and trading like what I have stated above, is far more accurate than anything else.

    Stocks trade on forward looking outcomes and right now the market is suggesting strongly that ADO's forward looking position is in the gutter. The majors know before anyone else and they have been clearing out since the 2c raise (of which the shortfall expired unplaced - that says it all - no insto/soph support). Massive vote for lack of confidence right there. I am sorry to say....but this ends badly IMO.
 
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(20min delay)
Last
1.3¢
Change
0.002(18.2%)
Mkt cap ! $35.16M
Open High Low Value Volume
1.1¢ 1.3¢ 1.1¢ $35.38K 2.922M

Buyers (Bids)

No. Vol. Price($)
3 400000 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 936650 4
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
ADO (ASX) Chart
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