ADR
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11.1% 2.0¢ adherium limited

ADR doesn't need RSH at all. We are fully funded and the market...

  1. jamwolf
    5,921 Posts.
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    03/05/21
    12:52
    Post #: 52894436
    ADR doesn't need RSH at all. We are fully funded and the market has come our way.

    Wierd that RSH has done this on an unsolicited basis, especially as 3 or 4 shareholders control 70% of our equity and have just supported our own raising.

    Summary - this bid will get nowhere. If RSH get more than 1% or 2% from retail I will be very surprised. They won't even get that if, as I expect, our share price starts to move up post settlement of tranche 2 shares.
    ADR Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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2.0¢ 		Change
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1.9¢ 2.0¢ 1.9¢ $7.904K 406.2K

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3 132400 1.7¢
 

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Price($) Vol. No.
2.0¢ 494888 1
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