Ellaishani, you would know as well as any one that a companies share price doesnt always reflect the progress being made behind closed doors.
ADO has and is making some very significant progress which isnt being reflect in the share price due to the nature of the business and the confidentiality agreements in place which unfortunatly leave us shareholders in the dark a little but when investing in this industry you need to expect that.
Since the last time we were 7 cents Geoff and the team has taken some very very big steps forward.
We have signed another deal with eBioscience which is the biggest to date i would say in terms of imediate revenue. This deal takes us cashflow positive or very very close to it. Geoff has made some very significant progress in his recent visit to the US, ADO was asked to present an informative poster at a recent event which is a big honour as not just anyone can present there. Other deals are much more advanced then when we were 7 cents last time and im confident it wont be long before we hear of these deals.
So as you can see anyone with half a brain would agree that the price would drop if we experienced what we have over the last few days on the market but does it represent whats going on behind closed doors and what progress has been made recently??
Absolutly not, look at the facts and you will see current prices look much cheaper then when we were at 7 cents last time with no where near as much progress as we have now!
Im buying more in various accounts when possible at these levels.
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Open | High | Low | Value | Volume |
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4 | 1066532 | 0.021 |
11 | 1231001 | 0.020 |
7 | 1037236 | 0.019 |
5 | 2061668 | 0.018 |
Price($) | Vol. | No. |
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