I agree, the waiting can be irritating and thoughts of selling start to appear. But I bought these shares based on the obvious potential of their product to catapult the company up.
I just had a re-read of Southern Cross Equities broker recommendation just to reassure myself why I was holding.
Their base case valuation of the shares is 13 cents. It's worth people having another read about why that is so and what their expectations are. Remember, they believe the current price is undervalued to its upside potential particularly as captial raising should not be required for some time due to options being exercied and revenue from Bangs and Mercks starts to be received.
Don't worry, news will come in due course. Their technology is too good and unique to be ignored by the industry.
Patience, people.
ADO Price at posting:
4.5¢ Sentiment: LT Buy Disclosure: Held
