nikk0 - Re ADO
The jury is always out as to whether certain gaps get filled or not, but there's certainly enough reasons for it to "not happen" but of course you never know.
My thoughts are that ADO is an exciting trading opportunity for many reasons:
- There's just 18 days or so before their product hits the shelves, why would anyone want to sell now, and why would it go much lower than this, imo it should start going up.
- I expect it to start tracking upwards with a few surprise big jump days along the way
- There will be an influx of oppie conversion cash the company is going to start seeing.
- The company states $140-390M per annum across the testing sub-sectors with a 5 year buildup!
So, plenty of reasons for moves up, and would expect news to flow as sales date approaches
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