Video interviews and presentations by the company are pointing to some particularly bullish angles to what they are doing. They just haven't formalised timelines. I guess they will be responsible and wait for confirmation of funds from options conversions before locking in their strategy for 2021.
They will certainly have a good idea by 26 November which is the date of the AGM. I think we will get an update on the strategy. They will have more time to speak and will be able to answer shareholder questions.
I've started working up a new sum of the parts estimate but will wait to see what strategy / outlook is announced at the AGM. We should get better insight into the activities planned for 2021.
My 5 year Share Price Target, page-22
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Last
0.8¢ |
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Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| ADN (ASX) Chart |