To see a further sp increase over time ADO needs to get more "Mix and Go" sales and revenue streams done.
If, on top of that, they can secure patent protection in the US then there shouldn't be any reason why sp couldn't reach 20c. Just about 800 million shares and oppies on issue, that's not too many compared to most stocks at that price level.
About 300 million were traded over the last days which should help to establish 9 - 9.5c as a new base level.
"Fresh Blood", me included, is always good to start the next leg up. Let's see if 10c can be reached and broken and let's take it then from there.
Happy that we haven't had those " Have already ordered my Porsche " comments which always lead to a sp collapse.
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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2.9¢ | 4693635 | 4 |
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7 | 653551 | 0.026 |
13 | 1982099 | 0.025 |
7 | 2179250 | 0.024 |
4 | 1110217 | 0.023 |
Price($) | Vol. | No. |
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0.029 | 4693635 | 4 |
0.030 | 359200 | 3 |
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