I don't think the depreciation in share price is limited to ADO....

I don't think the depreciation in share price is limited to ADO. There are a lot of quality ASX lised companies doing it tough at the moment.

Investors are very nervous, which is creating alot of value for longer term holders like myself. Unfortunately for us though it is a long term dream at the moment and could continue to drift lower without meaningful news.

However having said that, a solid announcement, should put a rocket up it in the short term, which I will expect followed by a little sell off before the next upward movement.