not sure why we have to see ann in the next few wks??
was it because of this recent increase in sp?
the sp has been holding up, ppl are still thinking what's value to invest in this coy. it is difficult to put a mc for a biotech coy. having a look at this.
what fundamentals have changed this year??
-positive option conversion (cash on hand = $7mil)
-euro patent came out positive news
-silica bindit ann
-board renewal
sp was lingering ardthe 7 cents region even with the 1st 3 points above and this was prolly due to former chairman selling his millions of shares on market.
after the former chairman has exited his shares and position as chairman, sp has been increase, could this be the market finally re rating ADO the mc to a higher level due to the above points?
not sure why we have to see ann in the next few wks??was it...
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.2¢ | $40.20K | 1.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 386453 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 248196 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| ADO (ASX) Chart |