My thoughts are they need out of the Richlands facilities that were most probably seen to provide for an Australian market. However, political games and TGA delays appear to have squashed an Ozzie endeavour. Yep who could blame them.
US Marylands appears to be unaffected ATM, but how knows what the Administrators determinations will be. However - as of 3 weeks ago NIST had already automated 3 of the lines with a forth to be up and running about now, another 16 to be up to speed by the end of the year. Take a guess where some of that (Bosch) equipment may come from.
JOMHO this would put any possible ADO Takeover plans to rest by them, and they'd disperse any ADO nominee holdings (if any).
ADO Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
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