" So will the AU$8 million of shares received dump their shares or AU$29million used available funds to buy more shares?"
I guess this will depend on whether ADO do announce any more sales of their Rapid Antigen Test or will that be reflected in the next Qrtly??
I think that will have a big impact on SP, if we don't see any progress on the sales front then there could be a bit of a drop, But I'm kinda glad they did the raising now. Who knows how long it will take to get a sale across the line - hopefully not that long.
I intend to hold as I have done for years as the next 12 months are going to be telling but in the ASX casino patience can run pretty thin for some.
Cheers
M.oz
SP . Price movement, page-2042
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $56.67M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $7.175K | 316.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2237568 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 592176 | 5 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 1213592 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| ADO (ASX) Chart |