I feel quite sure that short-sellers much know more about it...

I feel quite sure that short-sellers much know more about it than Joe Shareholder, thanks to connections inside the company.
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If that happens, rest assured that previous No 1 strike against the board will very likely become 2 strikes. We have 42m plus that won't hesitate to strike again.

JM etc need to close the concrete deal. That alone will allow financiers to come ADNs direction pronto.

There can be no excuse for ADN needing to raise again via TC etc. There will be 2 strikes if it happens. Imo of course.