yep… and shareholders ratifying the placement and approving the options has all but guaranteed next raise can dilute a further 15% and at a significant discount to current sp.
literally removed any motivation for management to lift urgently, and they can always grant themselves performance shares to mitigate their own dilution from successive raises.
ADO Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)