me thinks the timing of revenue didn’t align with expectations and thus had to raise at a substantial discount. ~50% when factoring in the options.
On this basis it wouldn’t surprise me if there is no more certainty and the cash raised won’t be adequate.
maybe it is, maybe it isn’t. But given the recent history I’m not assuming there is any certainty that self sustaining positive cashflows will be achieved without further CRs.
ADO Price at posting:
2.2¢ Sentiment: Buy Disclosure: Not Held
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