just been looking at our newly formed cell engineering and electrochemistry division. management have found the prospect significant enough to divert some of our minimal staff to this new division
"Three new speciality segments were created: Binder Products, High-Silicon Anode Products and Cell Engineering & Electrochemistry."
even though battery separator 1 has a low market opportunity in comparison, it is one of CET partnerships that is closer to short term revenue.
I'm sure the flip/floppers and bed wetters and sookie la la's will say "yeee ha" and management is chasing a new shiny object. but when is expanding the product range of the company you are invested in and as a consequence the future possible revenue potential a bad thing?
and even though battery separator 1 market opportunity is small ( who I have posted I believe is celgard) the actual battery separator market is huge and growing.
"The global battery separator market size was USD 10.49 billion in 2023, accounted for USD 12.19 billion in 2024, and is expected to reach around USD 54.71 billion by 2034, expanding at a CAGR of 14.5% from 2024 to 2034."
who hasn't seen stories about fires starting from lithium ion batteries? growing ADO's revenue opportunity, short testing timeframe and a pressing need for improved battery safety. well done ADO team.......
GLTAH
ps. as i posted last night Fabian worked for a battery separator company for 2 years, contacts ???
ADO Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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