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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I enjoy reading your posts Surges , If agreement is reached with...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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8 | 2717347 | 2.0¢ |
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9 | 3029136 | 0.019 |
8 | 1708888 | 0.018 |
8 | 1211559 | 0.017 |
5 | 963250 | 0.016 |
Price($) | Vol. | No. |
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0.022 | 442896 | 6 |
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