One of the most appalling cases of shareholder wealth destruction was the last capital raising. It was done under David and Ewen's watch. Glenda, being an ex investment banker would've known how bad it was. Did she vote against the terms of it?
The market looked at the raising and it scared the shit out of them. They were left thinking "this company doesn't give a shit about shareholders, my investment won't be safe with them. Let's wait until we see the tech commercialized and then we'll buy in"
ADO Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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