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
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.84M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 1.9¢ | $78.00K | 3.707M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 97786 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 207129 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 97786 | 0.021 |
2 | 800000 | 0.020 |
6 | 1002175 | 0.019 |
15 | 1266052 | 0.018 |
6 | 932891 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 207129 | 4 |
0.023 | 820000 | 2 |
0.024 | 531781 | 3 |
0.025 | 486936 | 6 |
0.026 | 45454 | 1 |
Last trade - 15.46pm 19/08/2024 (20 minute delay) ? |
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ADO (ASX) Chart |