"Not so the Australian investor. Scared of their own shadow. Too timid to ever take a chance."
but how do you explain the ASX listed companies that are valued in the billions without being cashflow positive?
Sadly, for ADO, it's a case of 'once bitten twice shy' and what's worse is that Australian investors have been bitten more than once.
We're seen as the company that can't cross the finish line.
During Covid, we were valued at close to one billion dollars. Was it hype? or because many believed we were finally in the right place at the right time with the right management. The market got the first two right.
Anyway, all the signs are there again and much more. Any investor who misses out on ADO can't say they weren't given enough information from the company:
"Subject to successful technical validation, both parties intend to continue development work and to map out a long-term relationship" David Radford
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $14.18K | 746.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1445271 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 155376 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1445271 | 0.018 |
7 | 1381891 | 0.017 |
4 | 1628529 | 0.016 |
7 | 1203869 | 0.015 |
3 | 1100000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 155376 | 2 |
0.020 | 339684 | 2 |
0.021 | 592746 | 5 |
0.022 | 505000 | 2 |
0.023 | 420000 | 2 |
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