There is no deal with Mercedes. You can bank on it. Wouldn’t be the first time an ASX company strung their shareholders along with failed promises now would it ?
Will be interesting to see how the SPP shortfall shares are to be placed now that the share price is languishing well below 2c raise price. Considering the quarterly cash burn on this coy….without a deal and fast, solvency concerns will rise to the surface….
ADO Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
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