ADR 5.56% 1.9¢ adherium limited

Yes they might have the goods but they will cost ADR $10m...

  1. 211 Posts.
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    Yes they might have the goods but they will cost ADR $10m minimum... bring on the next cap raise...

    with the spend rate these guys have from the last 4C they would have to be scratching at where their next cap raise investors will come from Bio Science cant do anything without effectively making an offer for the company... these guys need almost their market cap in cash to even have a chance on delivering on their strategy whatever that is they change the goal posts every couple of months to suit the latest fad!

    Management need a brome through them this thing will be back down to 2-3 cents in the not to distant future its the old classic pump be fore a cap raise! There will be another 300m shares on issue within six months!

    IMO DYOR
 
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