I have to agree with Fudgy.
Not every shareholder has to $$ to continually stump up when the companies we are invested in need cash. I have been a shareholder in ADO since SSH days, and have bought shares when I can, however I didn't have spare cash for the placement at 7.5c.
We pay management pretty well to look after our interests, and I expect them to be smart enough to orchestrate a deal that benefits shareholders when needed - that's the skill set I try and invest in. That proved wrong in this instance.
I tune out with the constant negative commentary, but fully understand the frustration from fellow shareholders that feel ripped off. My average is 6c after multiple years of investment - I never thought i'd be underwater at this stage. Furthermore it absolutely sh*ts me that the likes of Bergen can swoop in and double their investment in a few short months - so much for loyalty.
Not only has Bergen made some good coin due from their financing deal with us - they have also reduced the end game for us all as DS stated - thanks Management.
Frustrated is an understatement - but I'm still a believer - maybe I'm stupid - let see!
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.30M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $88.75K | 3.882M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 2078258 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1635364 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 2078258 | 0.022 |
13 | 2015799 | 0.021 |
12 | 2314502 | 0.020 |
1 | 750000 | 0.019 |
4 | 1136000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1635364 | 7 |
0.024 | 961496 | 8 |
0.025 | 887440 | 5 |
0.026 | 1326653 | 5 |
0.027 | 849458 | 5 |
Last trade - 11.33am 05/06/2024 (20 minute delay) ? |
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Last
2.2¢ |
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Change
-0.002 ( 6.38 %) |
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Open | High | Low | Volume | ||
2.3¢ | 2.3¢ | 2.2¢ | 2101609 | ||
Last updated 11.00am 05/06/2024 ? |
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