I enjoy reading your posts Surges ,
If agreement is reached with the Vendors to discount the share purchase from 15 c to 7.5c , it would be reasonable to expect the earn out amount to be discounted as well by ? , I can see the vendors taking a higher amount in shares , with cashflow rising rapidly and adding the available cash as per the half yearly , management have indicated ADO will be able to meet there obligations when due , I believe this to be a fall back position. I sense an up front payment from somewhere ? rollout in China partner ? or by Cook ? to commercialize ADO's technology , note to be commercialized by Cook Medical Globally. why 3.3c?
Barry Thomas, Director Cook Medical - Asia Pacific, says this is an important milestone as the technology was the first approved concept identified through the Asia-Pacific New Technologies Team (ANTT), which was formed to discover new technologies that can be commercailised by Cook Medical globally
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1.9¢ |
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Mkt cap ! $49.37M |
Open | High | Low | Value | Volume |
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---|---|---|
6 | 1684022 | 1.9¢ |
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2.0¢ | 510863 | 5 |
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15 | 1266052 | 0.018 |
5 | 807891 | 0.017 |
5 | 1728529 | 0.016 |
8 | 1703869 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 510863 | 5 |
0.021 | 1013180 | 4 |
0.022 | 255000 | 2 |
0.024 | 531781 | 3 |
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