"As the Group is currently loss making, the Group’s ability to continue to adopt the going concern assumption will depend upon a number of matters including subsequent successful capital raises in the future and the successful sales and/or commercialisation of the Group’s intellectual property and projects. The directors have concluded as a result of the requirement to raise funds in the future there exists a material uncertainty that may cast significant doubt regarding the Group's ability to continue as a going concern and therefore, the Group may be unable to realise their assets and discharge their liabilities in the normal course of business."
doesn't inspire confidence does it
ADO Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
(20min delay)