If the market could 'smell the corpse' as you have suggested, .008 would not be the the price. People would sell at any price to get out. This is not the case.
Previous management and their dilution of the share price has created a fear of insolvency amongst some (this is not a fear I share).
The review will cut costs and buy time for income generation.
If I didn't hold or see a future, I wouldn't waste a moment of my time posting 'the end is nigh' commentary. I'd be gone.
I have infact increased my holding at this price (not as much as I'd like) but it is not the only stock I hold. My view is simple. The route to a higher share price is through India. This has become an attractive way into that vast market, that is being underestimated by some (and others appear oblivious altogether). Battery tech will follow soon after (imo). Either way, the sky's not falling it's simply misty.
We have (imo), never been in a better place.
New, experienced and connected management.
Experienced and connected sales professionals in Europe.
Our products in the hands of top quality businesses in both India and Europe.
And a new and refreshing commitment to the marketing strategy (from the new CEO).
If this has ever been a potential multiple bagger, it's now. Dyor, no really Dyor.
ADO Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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