Ann: Response to Price Query, page-29

That is a big  IF  surges. 

If ADO do come up with a way to significantly increase the percentage of silicon and retain the cycling rates of the modern battery, then yes absolutely the fight for control could easily and actually involve very aggressive takeover bids, but ADO have to do it first. 

Lots of companies with big plans, big mouths making big promises about the 'next' battery, but until one of them actually does, then I can't imagine any big players out there putting together a position in ADO,   b e f o r e   that happens.  

But somebody is playing with the SP. 

Either an insider,  or a strategic play by panasonic or tesla or vw or bmw (I doubt this)  or  a pump and dumper.   Frankly after the capitulation directly after the 'response to price query'  revealed there was NO news whatsoever to report, the trader appeared to quickly close there positions.

Shame, I thought maybe a strategic position was being taken.