100% agree Capt'n.....
DB may have ticked many KPI's to justify Res 3.
However, there's no justification for Res 4. The conversion rate for these 10.8 M options should be 0.15c at a bare minimum and not 0.48c imo. Wouldn't doing just this send a positive vote of confidence to shareholders of the potential revenue that ADO may generate from potential forthcoming contracts? And wouldn't the SP react upwards accordingly! Shame on the Board for giving its approval to issue this low hanging fruit.
DR has a moral compass to withdraw Res 4 before the AGM. It may well be embarrassing for him otherwise....
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $29.75M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $33.86K | 2.679M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2125960 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6500 | 1 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| ADO (ASX) Chart |