AD1 adneo limited
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We've been flagging a credit raising for weeks.Didn't expect it...

  1. tradingformils
    162 Posts.
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    19/10/21
    19:36
    Post #: 56917370
    We've been flagging a credit raising for weeks.

    Didn't expect it would come now...

    Might be for the best heading into the next 4C. They are definitely low on cash and the upcoming 4C should tell us just how low. Low cash balances tend to scare the market. Unfortunately, there hasn't been many announcements outside AoM for months. Would be good to have a concrete update on the utilities biz (especially LPE). Anyone knows what going on?

    Hopefully shareholders are allowed to participate this time as well, and it's not only a placement.

    This company is going places...

    To your first million,
    -Trading For Millions
    AD1 Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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