There are polar extremes on this thread. Hard nosed cynicism at one end, supported by a well worn trail of clues that could well lead into a cap raise. Blissful, innocent hope at the other, supported by a vision that the rinse and repeat cycle is about to end.
In terms of results to date, we are far closer to the doomsday end, than the as yet unrealised El Dorado.
Take your pick. The end result could lob anywhere along along the probability distribution of possible outcomes. The twin certainties are, that the distribution is heavily skewed to the negative, but to balance that the potential profits increase as their probability of eventuating decreases.
In and of itself a near term cap raise is incidental to the outcome. The internal (not outward) confidence level behind Merrill and the management team is the key, but we are not privy to that.
[your turn your nastiness.]
ADO Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
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