Yeah, nah….company’s that follow the trajectory that ADO has across the ASX find it very difficult to turn it around. A higher percentage in this situation do not recover.
Conversley, big and wealthy potential partners always err on the side of caution partnering with a company that has short to mid term solvency concerns. Therein lies the major dilemma toward reversal….and I don’t see ADO turning this around.
ADO Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
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