Just re-read my last post, i really need to start proof reading my posts any one would think i was still in grade 4. lol
Looks think we have some decent sized Buys now sitting in the buy side. It wont take much for this thing to run.
1 R&D deal worth say $10 mill could justify a share price of anywhere from 15-30 cents depending on what PE ratio you use but using a very conseravtive one of 15 and not forgeting nearly all of the revenue is profit and we have serveral years of tax deductions still gets us a share price of around 15-18 cents and thats being conservative and not adding any premium to the sp for future deals with larger companies.
the danger of not holding ado, page-28
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $49.37M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $15.05K | 758.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2299968 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 209963 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ADO (ASX) Chart |