That $10m is a loss not a debt.
Banks don't care about it, what they care about is getting paid interest over time.
To do that you need revenues which ADO has now in a binding contract with SII.
Banks DO lend on discount cash method for future earnings if one can show a clear path and progress of commercialisation.
ADO can clearly do that with EV1.
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 (20min delay)
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.87M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $34.97K | 2.366M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1034040 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 4088579 | 10 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| ADO (ASX) Chart |