Thanks for the clarification of quarterly revenue.
As it has been mentioned on here, the CEO hopes that ADO will be cashflow positive by the END of this year.
This quarter was an aberrancy due to the Govt grant/rebate.
As we know, the Bangs deal and the Merck deal thus far will not produce much revenue and by themselves will not make ADO cashflow neutral. The CEOs hope are pinned on a new signing of substance, such as an IVD company.
We will have to wait for ink on paper and then see the cashflows from that to judge whether we will be cashflow positive by year end.
Good update though, I wonder how much Transocean and other still have to sell on market??
A.
- Forums
- ASX - By Stock
- ADO
- cash will flow.. just not now!
cash will flow.. just not now!
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
|
|||||
Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.0¢ | $16.09K | 770.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3814417 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 433979 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 3814417 | 0.020 |
10 | 3104136 | 0.019 |
9 | 1917888 | 0.018 |
8 | 1211559 | 0.017 |
6 | 963251 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 433979 | 4 |
0.022 | 400500 | 4 |
0.023 | 879953 | 6 |
0.024 | 1266228 | 4 |
0.025 | 195344 | 4 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online