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
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Thanks DS for answering re money levels, CR etcTaneNui - One...
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $62.24M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.5¢ | $50.59K | 1.990M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1119999 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 139584 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1119999 | 0.025 |
10 | 1004416 | 0.024 |
3 | 1055217 | 0.023 |
5 | 629450 | 0.022 |
6 | 469480 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 139584 | 1 |
0.027 | 197867 | 2 |
0.028 | 141382 | 2 |
0.029 | 125000 | 1 |
0.030 | 315650 | 5 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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ADO (ASX) Chart |