why ADO is a multi multi bagger, page-1426

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15/07/24

08:01

Post #: 74750451
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Originally posted by Ozibobby ↑

Fj. You’ve nailed it - we just don’t know because the B&M lack transparency. It doesn’t matter if it’s 7 years or 24 year whether DR has been there 20 months, 20 days or 20 years - simple thing is it doesn’t add up on what we are told .
The Board needs to keep us the owners informed, if we have setbacks so be it , as long as we can be confident that the proposition we all got excited about and invested in is either on a believable trajectory or we have terminal problems. All of the EV1 EV2 , India blah blah blah is huff and puff .
Rather hear - we have an early stage evaluation along with 3 other potential providers being conducted by Tesla with results expected in xxxx . At the conclusion of the evaluation Tesla told us we needed to do xyz before proceeding to a HOA . We expect to be able to report our progress towards a HOA by xxxx.
Based on our current cash position and projected spend we have cash till xxxxx but outstanding options providing our SP reaches xx should provide funding till xxxx .
In this part of the market we are all punters but we appoint and pay a Board of Directors to at least look after the welfare of the horse , pick the appropriate races ,get the right jockey and report on its health and progress and give us a decent view of the form guide .
If there isn’t some progress and transparency before the AGM we should look at whether we need a new set of trainers!!!
Responsibility and Accountability is what we should be asking for.

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Who made more money during the gold rush era? Those selling picks and shovels! Extrapolate if you must.

ADO Price at posting: 2.1¢ Sentiment: None Disclosure: Held
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why ADO is a multi multi bagger, page-1426

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why ADO is a multi multi bagger, page-1426

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