Well why not compare to something in the same sector. AHZ which...

Well why not compare to something in the same sector. AHZ which shot up pre ann on something similar to our HoT - similar in that the news was not finalized but anticipated to go ahead just as ours looks to be a near certainty. Up to about 6c pre news and 10c after... Then the cap raise at 5c which I expected and what kept me out of aha after selling my trading parcel. Lesson learnt but I had to follow my rules and their lack of cash put me off... Their sp did exactly what I didn't expect afterward. It went even higher than 10 to a high of 18. Why? Because now they have money in the bank and a tonne of good stuff to come in the future. Just like ado. I think well hit a small speed bump and carry on up.

Two more things. 1. Bcc had dubious management - over promise and under deliver. Their strength lies in foresight and deal broking. Their execution sucks b@lls... Hopefully that all changes with Stein. His credentials are impressive. But that's getting off track. Ado management cannot be faulted to date. Comparisons to bcc are ridiculous.

2. I agree this money wasn't needed so must be to accelerate programmes. Borrowing money isn't bad if it's used to create wealth... Similarly a raising to accelerate growth is not a bad thing. Better 12.5 than at 5.5 where we were recently when a possible raising was in the air. $7.5m is substantial and will make our balance sheet look much healthier.

Good luck as always to all the longs.