Thanks DS for answering re money levels, CR etc
TaneNui - One thing I personally look at in these companies yet to breakeven is annual burn as a percentage of market cap.
ADO as DS has mentioned have been exceptional with their cash management structure.
If you look at ADO's $2-3m burn pa as a % of total market cap compared to others on the ASX sub $100m you can see the attraction to ADO.
Some companies sub 50m MCAP have burn rates at 100% of their market cap - This is a disaster for dilution but not the case for ADO
positive quarterly report, page-51
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $16.09K | 770.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3814417 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 433979 | 4 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |