Yep it is pretty straight forward and simple. If the tech was good enough and proven to be good enough then ADO would be signing supply contracts left right and centre. To date the tech hasn't met requirements that even look like converting into significant revenue positive contracts.
Simply, to date the tech isn't good enough to meet collaborator requirements and subsequent supply contracts reflecting in a rather dismal SP for long term holders. At 2.2 cents i reckon it's even money for a chance to make a reasonable quid on this very speculative stock. Best of luck to any newbies.
why ADO is a multi multi bagger, page-33
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $59.14M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $65.10K | 2.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2822744 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 42050 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
2.4¢ |
Change
-0.001 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.5¢ | 2.3¢ | 2208238 | ||
| Last updated 15.40pm 24/05/2024 ? | |||||
| ADO (ASX) Chart |