"So much dilution"???It was 0.3% of which most shareholders took part and weren't "diluted". That is some pretty feeble downramping.
As for where this could go from here, I honestly believe we are trading well below what the IP value is worth. When two major international companies publicly state they believe they can gain significant gains from using our technology that is some strong validation we have something quite valuable here.
The POC IP too is probably worth more than our current MC. It's myriad of potential uses, it's speed, it's accuracy, it's sensitivity, it's data capturing capacity all make the value of its IP quite considerable.
Then there is the seemingly limitless other uses the tech can be developed once money is rolling in.
Previous management failed us badly, and the SP is currently still reflecting this. We are in much more capable hands now, it was always going to take a considerable amount of time to nail down the deals/grants but I believe we are very close, far too close to risk selling now.
So where do I see the price going from here? Well insanity could still prevail and people could keep selling at these ridiculously low prices but I don't think it will go much lower. As for the upside a ten bagger in the near term and a hundred bagger longer term is a real possibility IMO.
- Forums
- ASX - By Stock
- Shooting the breeze on ADO
"So much dilution"???It was 0.3% of which most shareholders took...
-
- There are more pages in this discussion • 1,148 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.98M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.2¢ | $14.55K | 661.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 3542953 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 1308809 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 3542953 | 0.021 |
23 | 6297016 | 0.020 |
5 | 1502068 | 0.019 |
1 | 55277 | 0.018 |
2 | 92000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 1301759 | 3 |
0.023 | 2365234 | 8 |
0.024 | 221545 | 3 |
0.025 | 4148081 | 11 |
0.026 | 1436419 | 6 |
Last trade - 12.28pm 30/04/2024 (20 minute delay) ? |
|
|||||
Last
2.2¢ |
  |
Change
0.000 ( 2.27 %) |
|||
Open | High | Low | Volume | ||
2.2¢ | 2.3¢ | 2.2¢ | 528427 | ||
Last updated 12.40pm 30/04/2024 ? |
Featured News
ADO (ASX) Chart |