ADOO option price isn’t holding much ground.So does this mean...

  1. 7,231 Posts.
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    ADOO option price isn’t holding much ground.

    So does this mean fair value of ADO still around 2 cents until a supply contract >$40k is confirmed?

    Unfortunately hoping for the conversion of stock options isn’t a reliable source of funding especially with an expiry all the way out to 2026.

    The potential dilution and excess supply of cheap stock they present is more likely to create downward pressure on stock valuation.

    hopefully revenue ramps up rapidly and rather than relying the options for funding, they are just a very generous gift to those who participated in the last raise.
    Last edited by Gerrado: . 22/10/24
 
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(20min delay)
Last
1.2¢
Change
-0.001(4.00%)
Mkt cap ! $32.46M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $48.27K 3.819M

Buyers (Bids)

No. Vol. Price($)
3 593080 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1500000 1
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Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
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