The tech works? Well it may do but is it that compelling that Mercedes or any other EV manufacturers will contract to buy it? That is the speculative side of the current situation. That is why the SP went down from a high of 3.7 cents to a low of 2.6 cents in a matter of a few hours trading. The market now knows it is Mercedes ADO is dealing with but they are obviously not convinced that ADO will be able to close a deal with them, otherwise the SP would be at least in the 4 cent range.
ADO Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
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