ADD adavale resources limited
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No choice given they probably have less than a mill in the bank....

  1. WoodySpoon
    10,291 Posts.
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    13/03/23
    09:46
    Post #: 66728080
    No choice given they probably have less than a mill in the bank. Everyone knew it was on the cards.
    1.4 - 1.6 (at best) and will need attached options to get away too I'd say. 1 free attaching option at 2.2 with two year expiry with every share bought?

    If form is an indicator it will be for just enough to keep the lights on another 4 months... hoping they hit SOMETHING to get the price higher later - but actually sabotaging the SP because the company is forever in the state of needing capital, so nobody wants to buy into it.
    Last edited by WoodySpoon: 13/03/23
    ADD Price at posting: 1.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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