I'll be having coffee with my broker later this morning (yes Sunday) and asking that he obtain scrip in ADO first thing Monday morning before market opens. I will legally borrow that scrip at the nominal interest rate and then short the pants off ADO. The more I look into this, the more convinced I am that this agreemenet with Bangs is nowhere near as "big" as the daytraders think it is. I wonder if ADO will reveal their revenue forecasts for THIS deal? There are some wide ranging projections over 5+ years for ALL POTENTIAL royalties but nothing for this recent deal with Bangs.
Sentiment has changed from NONE to SELL.
bangs laboratories: a minnow, page-3
Add ADO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
-0.005(18.5%) |
Mkt cap ! $54.77M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $140.4K | 6.599M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2102070 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 197626 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |