Yes traveller it is more of a clarification announcment.
I find it refreshing that ADO team are able to communicate this openly with shareholders. This helps to centre everyone onto the "one page" and concentrate discussions on a more factual basis. On the other hand have a look at OBJ thread that has for years attempted to work out where that company's developments are even headed. Let alone figure out what products and segments are prospective - due to a near total cone of management silence, or obtuse announcements.
It is so much easier to work out the potential value of a company when holders can communicate directly with management [within the bounds of disclosure], than when they operate in an intimation vacuum.
ADO Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
